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U.S. President Donald Trump told reporters on Monday, March 23, that peace talks were underway between his country and Iran. Following the statement, oil prices dropped below $100, as the markets seemed to react positively to the news. However, not long after Trump's claims, Iran denied that any peace talks were taking place, prompting the market to surpass $100 a barrel once again. So was it all a ruse to profit from oil prices? Or are there serious attempts to end the conflict?
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.
U.S. President Donald Trump told reporters on Monday, March 23, that peace talks were underway between his country and Iran. Following the statement, oil prices dropped below $100, as the markets seemed to react positively to the news. However, not long after Trump's claims, Iran denied that any peace talks were taking place, prompting the market to surpass $100 a barrel once again. So was it all a ruse to profit from oil prices? Or are there serious attempts to end the conflict?
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.