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High Impact

US Crude Futures Drop 2% as Trump Delays Iran Attack

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🏷Markets
✍️Edited by Luís Barata

US crude futures declined by over 2% following former President Trump's announcement to postpone a planned military strike on Iran. This development impacts the oil market primarily through a reduction in geopolitical risk, which typically influences price volatility and supply concerns. As tensions ease, traders may reassess their positions in energy commodities, particularly crude oil, which is sensitive to geopolitical events. Market participants will be closely watching for any further statements from Trump or developments in US-Iran relations that could shift the current dynamics.

Source: Originally reported by Investing.com at May 18, 2026. Summary and market context by Trading News Terminal editorial.

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