Oil falls after Trump announces 'good and productive conversations' with Iran

Dow Jones03-23

MW Oil falls after Trump announces 'good and productive conversations' with Iran

By Nora Redmond

President Donald Trump warned that the U.S. would strike Iran's power plants if the Strait of Hormuz is not reopened.

Oil prices fell sharply on Monday after President Donald Trump said the U.S. and Iran had had "very good and productive conversations" in the past two days.

West Texas Intermediate futures (CL.1) dropped 13% to $85.45 a barrel, while Brent crude contracts (BRN00) (BRNK26) fell 12% to $98.66 a barrel.

The move comes after Trump wrote in a post on Truth Social at 7.05 a.m. Eastern that both governments had had "very good and productive conversations regarding a complete and total resolution" of the hostilities between the two countries in the Middle East just over four weeks after the conflict first started.

The president added that all military strikes on Iran's power plants and energy infrastructure would be postponed for a five-day period "subject to the success of the ongoing meetings and discussions."

Trump previously threatened more attacks on Iran's energy infrastructure in a post on Truth Social on Saturday evening. The speaker of Iran's parliament warned of retaliatory strikes across the region in response.

-Nora Redmond

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

March 23, 2026 07:30 ET (11:30 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2621077020?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-23 19:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621077020","market":"sg","top_or_hot":-1,"title":"Oil falls after Trump announces 'good and productive conversations' with Iran","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Oil falls after Trump announces 'good and productive conversations' with Iran\n</p>\n<p>\n  By Nora Redmond \n</p>\n<p>\n     President Donald Trump warned that the U.S. would strike Iran's power plants if the Strait of Hormuz is not reopened. \n</p>\n<p>\n     Oil prices fell sharply on Monday after President Donald Trump said the U.S. and Iran had had \"very good and productive conversations\" in the past two days. \n</p>\n<p>\n     <a href=\"https://laohu8.com/S/WTXR\">West Texas</a> Intermediate futures (CL.1) dropped 13% to $85.45 a barrel, while Brent crude contracts (BRN00) (BRNK26) fell 12% to $98.66 a barrel. \n</p>\n<p>\n     The move comes after Trump wrote in a post on Truth Social at 7.05 a.m. Eastern that both governments had had \"very good and productive conversations regarding a complete and total resolution\" of the hostilities between the two countries in the Middle East just over four weeks after the conflict first started. \n</p>\n<p>\n     The president added that all military strikes on Iran's power plants and energy infrastructure would be postponed for a five-day period \"subject to the success of the ongoing meetings and discussions.\" \n</p>\n<p>\n     Trump previously threatened more attacks on Iran's energy infrastructure in a post on Truth Social on Saturday evening. The speaker of Iran's parliament warned of retaliatory strikes across the region in response. \n</p>\n<p>\n     -Nora Redmond \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 23, 2026 07:30 ET (11:30 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Oil falls after Trump announces 'good and productive conversations' with Iran</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOil falls after Trump announces 'good and productive conversations' with Iran\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-23 19:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Oil falls after Trump announces 'good and productive conversations' with Iran\n</p>\n<p>\n  By Nora Redmond \n</p>\n<p>\n     President Donald Trump warned that the U.S. would strike Iran's power plants if the Strait of Hormuz is not reopened. \n</p>\n<p>\n     Oil prices fell sharply on Monday after President Donald Trump said the U.S. and Iran had had \"very good and productive conversations\" in the past two days. \n</p>\n<p>\n     <a href=\"https://laohu8.com/S/WTXR\">West Texas</a> Intermediate futures (CL.1) dropped 13% to $85.45 a barrel, while Brent crude contracts (BRN00) (BRNK26) fell 12% to $98.66 a barrel. \n</p>\n<p>\n     The move comes after Trump wrote in a post on Truth Social at 7.05 a.m. Eastern that both governments had had \"very good and productive conversations regarding a complete and total resolution\" of the hostilities between the two countries in the Middle East just over four weeks after the conflict first started. \n</p>\n<p>\n     The president added that all military strikes on Iran's power plants and energy infrastructure would be postponed for a five-day period \"subject to the success of the ongoing meetings and discussions.\" \n</p>\n<p>\n     Trump previously threatened more attacks on Iran's energy infrastructure in a post on Truth Social on Saturday evening. The speaker of Iran's parliament warned of retaliatory strikes across the region in response. \n</p>\n<p>\n     -Nora Redmond \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 23, 2026 07:30 ET (11:30 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2621077020","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621077020","pubTimestamp":1774265400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"President Donald Trump warned that the U.S. would strike Iran's power plants if the Strait of Hormuz is not reopened.Oil prices fell sharply on Monday after President Donald Trump said the U.S. and Iran had had \"very good and productive conversations\" in the past two days.West Texas Intermediate futures  dropped 13% to $85.45 a barrel, while Brent crude contracts   fell 12% to $98.66 a barrel.The move comes after Trump wrote in a post on Truth Social at 7.05 a.m. Eastern that both governments had had \"very good and productive conversations regarding a complete and total resolution\" of the hostilities between the two countries in the Middle East just over four weeks after the conflict first started.The president added that all military strikes on Iran's power plants and energy infrastructure would be postponed for a five-day period \"subject to the success of the ongoing meetings and discussions.\". Trump previously threatened more attacks on Iran's energy infrastructure in a post on Trut","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"特朗普宣布与伊朗进行“良好且富有成效的对话”后油价下跌","themeId":"37533afed090541346ea7d2d0b42eedf","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"MW Oil falls after Trump announces 'good and productive conversations' with Iran\n\n\n  By Nora Redmond \n\n\n     President Donald Trump warned that the U.S. would strike Iran's power plants if the Strait of Hormuz is not reopened. \n\n\n     Oil prices fell sharply on Monday after President Donald Trump said the U.S. and Iran had had \"very good and productive conversations\" in the past two days. \n\n\nWest Texas Intermediate futures (CL.1) dropped 13% to $85.45 a barrel, while Brent crude contracts (BRN00) (BRNK26) fell 12% to $98.66 a barrel. \n\n\n     The move comes after Trump wrote in a post on Truth Social at 7.05 a.m. Eastern that both governments had had \"very good and productive conversations regarding a complete and total resolution\" of the hostilities between the two countries in the Middle East just over four weeks after the conflict first started. \n\n\n     The president added that all military strikes on Iran's power plants and energy infrastructure would be postponed for a five-day period \"subject to the success of the ongoing meetings and discussions.\" \n\n\n     Trump previously threatened more attacks on Iran's energy infrastructure in a post on Truth Social on Saturday evening. The speaker of Iran's parliament warned of retaliatory strikes across the region in response. \n\n\n     -Nora Redmond \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 23, 2026 07:30 ET (11:30 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":false,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2621077020","isCrawlerRequest":true}