Oil sinks 11% to below $90 as Trump moots Middle East de-escalation
- Posted on March 10, 2026
- By Business News Today
- 3 Views
Oil sinks 11% to below $90 as Trump moots Middle East de-escalation
Oil prices plummeted by more than $10 a barrel on Tuesday after soaring to an almost four-year high in the previous session after U.S. President Donald Trump predicted the war in the Middle East could end soon, lowering expectations of prolonged disruptions to oil supply.
