Oil prices drop after earlier reaching four-year high as Iran developments eyed

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oil futures fell sharply thursday morning, reversing course after hitting a four-year high earlier in the week. the trigger for the drop was a report that trump is considering escalating the conflict in iran. traders had pushed prices up on supply fears, but the latest headline shifted sentiment quickly. no specific price levels were given in the report, but the move was described as a tumble.


source: marketwatch_top
sentiment: -0.30 · impact: 0.80