SINGAPORE, (UrduPoint / Pakistan Point News / WAM – 03rd Aug, 2026) Oil prices fell by more than 5% in early Asian trading after US President Donald Trump called off a planned strike on Iran, aiming to reach a quick agreement with the country.
Brent crude futures dropped $5.52, or 6.28 %, to $82.41 per barrel. West Texas Intermediate (WTI) crude futures fell $5.27, or 6.22%, to $79.40 per barrel.
