Oil retreats after Trump rules out Iran strikes before midterms

KEY POINTS MAIN STORY Oil prices retreated after US President Donald Trump ruled out attacks on Iran before November’s midterm elections, easing some concerns about a further escalation of the conflict. West Texas Intermediate crude fell towards $91 a barrel after gaining 3.6 per cent on Thursday, while Brent crude closed above $104, according to … Continue reading Oil retreats after Trump rules out Iran strikes before midterms