Global oil prices are falling by 9-10%, with Brent crude dropping below $100 per barrel following Trump's announcement of a delay in US strikes on Iranian energy infrastructure, according to trading data.
June Brent crude futures were down 8.69% to $97.16 per barrel, with prices falling below $100 for the first time since March 19.
May WTI futures were simultaneously falling 9.93% to $88.48 per barrel.
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