Global oil prices plunged in early Tuesday trading across Asian markets, following comments from U.S. President Donald Trump suggesting the war could end “very soon.”
Brent crude dropped by 8.5%, hitting $92.50 per barrel, while U.S.-traded oil fell around 9% to $88.60 per barrel. Despite the decline, prices remain 30% higher than at the start of the conflict.
The early dip in oil prices boosted Asian markets, with Japan’s Nikkei 225 index climbing 2.8% and South Korea’s Kospi surging more than 5%.....
