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Brent Crude Plunges 11% as Trump Pauses Iran Strikes to Leverage “Productive” Deal Talks
Stock Market News· 2026-03-23 19:38
Key TakeawaysBrent Crude futures plunged 10.92% ($12.25) to settle at $99.94/bbl following President Trump’s announcement of a five-day pause on strikes against Iranian energy infrastructure.US CENTCOM reports destroying over 140 Iranian vessels and striking 9,000+ targets during "Operation Epic Fury," marking the most significant naval elimination since World War II.PM Netanyahu confirmed the elimination of two more Iranian nuclear scientists while stating that the U.S. and Israel are in "full coordination ...