Brent oil futures fell by 0.23% to $92.33 per barrel, WTI - by 0.40% to $86.50, Reuters reports. The negative dynamics in the market continues after prices fell the previous day by almost 6%. The drop in prices is due to the statement of the President of the United States Donald Trump that there is no need for military action against Iran at the moment. According to the American leader, Washington will prevent new attacks for the time being after requests from countries in the region, but will maintain a naval blockade in the Strait of Hormuz.

Brent oil futures fell by 0.23% to $92.33 per barrel, WTI - by 0.40% to $86.50, Reuters reports. The negative dynamics in the market continues after prices fell the previous day by almost 6%. The drop in prices is due to the statement of the President of the United States Donald Trump that there is no need for military action against Iran at the moment. According to the American leader, Washington will prevent new attacks for the time being after requests from countries in the region, but will maintain a naval blockade in the Strait of Hormuz.