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Reuters reported a drop in oil prices amid the US decision to strike Iran

Reuters: oil prices fell amid US withdrawal from possible strikes on Iran
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Global oil prices declined after rising in early 2026 amid the withdrawal of US President Donald Trump from plans for possible strikes against Iran, Reuters reports.

Brent crude futures fell 3.4% to $64.25 per barrel. Nymex crude oil prices fell 3.4% to $59.89 per barrel.

The price drop followed Trump's announcement that he had been informed of a decrease in violence during protests in Iran and the absence of executions.

At the same time, the price of gold fell to about $4,500 per ounce, after gold prices rose to a record $4,642.72 per ounce on January 14.

On January 1, the Fars news agency reported riots that escalated into clashes with the police in Iran. Then it became known about the three dead. The next day, US President Donald Trump said that his country would support the protesters if the Iranian authorities killed peaceful protesters. Some time later, on January 3, the Mehr news agency reported that the police had seized weapons from the protesters.

On January 6, Fox News learned about the seizure of two cities in western Iran by protesters, and The Times newspaper found out a day earlier that Iran's supreme leader Ali Khamenei had developed an evacuation plan from Tehran in case the authorities could not suppress the protests.

Iranian Foreign Minister Abbas Araqchi said at a meeting with ambassadors of other countries that the Iranian authorities had taken control of the situation with mass protests in the country. Against the background of what is happening, the ambassadors of Germany, Great Britain and France were summoned to the department.

It was also noted that the death toll from the protests in Iran rose to 538, including 490 protesters and 48 security personnel. The country's President, Masoud Peseshkian, called on Iranians to express disagreement with opponents of state policy, as instigators can destroy the entire society.

All important news is on the Izvestia channel in the MAX messenger.

Переведено сервисом «Яндекс Переводчик»

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