Politis

Oil Prices Fall After Trump's Reassuring Comments on Iran

Published January 15, 2026, 19:16
Oil Prices Fall After Trump's Reassuring Comments on Iran

Oil prices fell on Thursday after President of the United States, Donald Trump, appeared to downplay threats of immediate military action against Iran, a major oil-producing country. This led to a drop of over 4% in international oil benchmarks. Simultaneously, silver prices fell after reaching a historic high, as Trump decided not to impose tariffs on critical minerals. The price of gold, traditionally considered a 'safe haven', saw only a slight decrease.