On Monday, President Donald Trump tweeted that he would be announcing his decision on the Iran nuclear deal at 2:00 pm on Tuesday. The price of U.S. crude had soared above the $70-mark before his announcement on speculation that Trump would take a tough position on Iran. Early on Tuesday, prices declined marginally from their highest level since 2014 on profit taking.
Iran Deal Exit to Boost Oil Prices: 5 Top-Ranked Picks
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