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Oil price dips! Brent slips below $100 as Trump delays strike on Iranian power plants
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Updated 3 hours ago
First seen March 23, 2026 15:32:50Stay on top of this story
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Quick Summary
Oil prices experienced a sharp decline as President Trump ordered a five-day halt to planned military strikes on Iranian energy infrastructure, easing fears of Middle East conflict escalation. Brent crude fell over 15%, and WTI slid significantly, reversing earlier gains driven by concerns over disrupted oil transit routes.