Prices of Brent crude oil, as well as American WTI crude oil, are falling below USD 90. On Monday morning, after a sharp increase, oil cost $119.
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Oil price WTI drops to $85. per barrel after exceeding $119 earlier on Monday.
In turn, oil Brent costs $89 on the London Stock Exchange, while in the morning it was approaching $120.
Prices are still significantly higher than the levels before the US and Israeli attack on Iran, when Brent crude oil cost approximately USD 72.
Donald Trump: The war is basically over
US President Donald Trump suggested on Monday evening in an interview with CBS News that the war with Iran may soon end. He also did not rule out taking over the Strait of Hormuz.
— I think the war is basically over. They have no navy, no communications, no air force Trump said in another media call that day.
He assessed that American forces were “very ahead of schedule” compared to the originally planned operation schedule, which lasted 4-5 weeks.
US President on taking over the Strait of Hormuz
The US president also said that ships were passing through the Strait of Hormuz, but he was thinking about taking it over. Also on Monday, in an interview with Fox News, Trump called on tanker captains to pass freely through the Strait of Hormuz and “show some courage.” Trump assured that there was “nothing to be afraid of.”
“They've already shot everything they have to shoot, and they better not try anything smart because it will be the end of their country,” Trump threatened Iran on CBS News.
The article is being updated
