Oil prices drop following Trump's statement on Iran attacks
The price of oil went down after President Trump's Wednesday morning address to the country in response to Iran's retaliatory airstrike against a pair of U.S. military bases in Iraq.
The United States's oil benchmark, West Texas Intermediate, fell more than 4 percent after Trump's remarks, though the president's words had a converse effect on stocks, as the S&P 500 and Nasdaq hit highs following the address, Reuters reports.
https://thehill.com/policy/finance/economy/477380-oil-and-gold-prices-drop-following-trumps-statement-on-iran-attacks