{"id":5695,"date":"2026-08-03T07:44:25","date_gmt":"2026-08-03T07:44:25","guid":{"rendered":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/08\/03\/oil-prices-plunge-over-5-as-trump-halts-iran-strike-easing-middle-east-tensions\/"},"modified":"2026-08-03T07:44:25","modified_gmt":"2026-08-03T07:44:25","slug":"oil-prices-plunge-over-5-as-trump-halts-iran-strike-easing-middle-east-tensions","status":"publish","type":"post","link":"https:\/\/echeloncreativemedia.com\/marketvows\/2026\/08\/03\/oil-prices-plunge-over-5-as-trump-halts-iran-strike-easing-middle-east-tensions\/","title":{"rendered":"Oil Prices Plunge Over 5% as Trump Halts Iran Strike, Easing Middle East Tensions"},"content":{"rendered":"<p>Global oil prices sharply declined by over 5% after U.S. President Donald Trump announced the cancellation of a planned military strike on Iran, citing diplomatic efforts and a request from Tehran. This move significantly eased geopolitical risk premiums, though Iran&#8217;s response to Trump&#8217;s proposed deal, which includes opening the Hormuz Strait and ending nuclear threats, remained cautious.<\/p>\n<p><\/p>\n<p style=\"text-align: left;font-style: normal;font-weight: bold\"><a href=\"https:\/\/www.cnbc.com\/2026\/08\/02\/trump-planned-attack-on-iran-canceled-after-reaching-outline-of-deal.html\" target=\"_blank\" rel=\"noopener noreferrer\">READ MORE FROM CNBC<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global oil prices sharply declined by over 5% after U.S. President Donald Trump announced the cancellation of a planned military strike on Iran, citing diplomatic efforts and a request from Tehran. This move significantly eased geopolitical risk premiums, though Iran&#8217;s response to Trump&#8217;s proposed deal, which includes opening the Hormuz Strait and ending nuclear threats, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5696,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108336003-1784211746443-gettyimages-2236995111-OIL_WELL_PLUGGING.jpeg?v=1784211776&w=1920&h=1080","fifu_image_alt":"","footnotes":""},"categories":[28,29,30,33],"tags":[],"class_list":["post-5695","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","category-global-affairs","category-global-security","category-world","rifnote_country-iran","rifnote_country-texas","rifnote_country-u-s","rifnote_executive-donald-trump","rifnote_executive-seyyed-majid-ibn-al-reza"],"fifu_image_url":"https:\/\/image.cnbcfm.com\/api\/v1\/image\/108336003-1784211746443-gettyimages-2236995111-OIL_WELL_PLUGGING.jpeg?v=1784211776&w=1920&h=1080","_links":{"self":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/5695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/comments?post=5695"}],"version-history":[{"count":0,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/posts\/5695\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media\/5696"}],"wp:attachment":[{"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/media?parent=5695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/categories?post=5695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/echeloncreativemedia.com\/marketvows\/wp-json\/wp\/v2\/tags?post=5695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}