Oil prices plunge $20, record sharpest intraday reversal after Donald Trump signals possible end to Middle

Crude oil prices plummeted over $20 from intraday highs, falling below $100 a barrel following U.S. President Trump's remarks suggesting a swift end to the Iran conflict. Despite this, Iran's Revolutionary Guards issued a stern warning regarding regional oil exports. Meanwhile, Gulf producers are trimming output amid shipping disruptions, raising concerns for India's import bill and inflation.