US President Donald Trump on Sunday said he was hopeful of agreeing a deal with Iran after the country’s supreme leader warned that any US attack on the Islamic republic would trigger a regional war.
Following the Iranian authorities’ deadly response to anti-government protests that peaked last month, Trump has threatened military action and ordered the dispatch of an aircraft carrier group to the Middle East.
Oil prices plunged Monday after Trump’s remarks of reaching a deal with Iran, easing concerns about a conflict between the two in the crude-rich region.
West Texas Intermediate sank 3.4 percent to $62.99 while Brent shed 3.2 percent to 67.09 in early Asian trade following the US president’s comments. (AFP)
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