US crude futures fall over 2% as Trump says he holds off scheduled attack on Iran

U.S. crude futures fell more than 2% in early Asian trade after President Trump said he had paused a planned attack on Iran to allow negotiations aimed at ending the war in the Middle East. The pullback reflects easing immediate supply-risk fears tied to a potential escalation in the region. The move is likely to matter broadly for energy markets and crude-linked assets.

Analysis

U.S. crude futures fell more than 2% in early Asian trade after President Trump said he had paused a planned attack on Iran to allow negotiations aimed at ending the war in the Middle East. The pullback reflects easing immediate supply-risk fears tied to a potential escalation in the region. The move is likely to matter broadly for energy markets and crude-linked assets.