economy
January 15, 2026
Oil falls more than 4% as traders see Trump backing away from Iran strike threats
Concerns about a U.S. strike on Iran had been mounting after Trump vowed to take action against the regime’s crackdown on widespread protests in the country.
TL;DR
- Oil prices fell over 4% on Thursday.
- President Trump's comments suggested a de-escalation of tensions with Iran.
- The U.S. Treasury Department announced sanctions on Iranian officials.
- Market speculation about a U.S. strike on Iran decreased following Trump's remarks.
- Previous concerns over a potential U.S. strike had caused oil prices to jump earlier in the week.
- Advisories were issued for U.S. citizens to leave Iran.
Continue reading the original article