Oil Falls in Choppy Trade Ahead of Trump Speech on Iran War
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Oil fell in a volatile session, with traders focused on whether US President Donald Trump will soon declare an end to the war in Iran.
West Texas Intermediate futures crude slid below $100 a barrel, at one point slumping more than 4.8%, before recovering some of that loss to trade near $99. Tom Kloza, Chief Energy Advisor for Gulf Oil joins Balance of Power to discuss how this conflict will effect oil prices. (Source: Bloomberg)