Oil prices fluctuate as Trump signals Iran conflict could end soon
By Rachel Frazin
Published on March 10, 2026.
Oil prices have fluctuated since President Trump announced that the conflict in Iran could end soon, with international benchmark Brent crude oil prices dropping below $90 per barrel. The conflict has halted oil shipping in the region as Iran threatens to attack any vessels that move through the Strait of Hormuz. The national average cost for gasoline is about $3.5.
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