Oil Falls 2% as Trump Says U.S. Will Exit Iran 'Pretty Quickly'

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Neutral
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94%
Time Horizon
Short Term

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Oil prices on Wednesday morning dipped some 2% as U.S. President Donald Trump signaled that the United States may wind down its military operations in Iran soon, while threatening to quit NATO for its lack of support in the Middle East operation. Iran announced on Tuesday it was ready to reach a resolution or intensify attacks on U.S. assets and its allies, without offering more details how this would be achieved considering the conflicting demands between the two sides. Two Pakistan sources told Reuters that neither side had responded to Islamabad's…

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Original article published by OilPrice.com on April 1, 2026.
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