Crude Oil Prices Fall as Trump Halts US Response on Iran; Brent Below $65

• Crude oil prices declined after US President Donald Trump indicated a temporary halt to an attack on Iran.
• Brent crude fell by up to 2.9% to below $65 per barrel, while West Texas Intermediate was near $60.
• Trump's statement about Iran stopping protester killings reduced the likelihood of immediate US military retaliation.
• Despite the price drop, the situation in Iran remains volatile, with airspace closures and US military redeployments.
• Analysts predict Brent could test up to $75, but a decline might follow once the geopolitical situation stabilizes.

Why It Matters: Crude oil prices fell due to Trump's de-escalation signals on Iran, despite ongoing regional volatility.