Oil falls over 13% on Trump postponing military strikes on Iran energy infrastructure

LONDON, ‌March 23 - ​Oil ​prices fell by ‌over 13% on Monday ⁠after U.S. ‌President Donald Trump said ‌he would order the military ​to postpone any strikes ⁠against Iranian power plants and ​energy infrastructure.

Brent crude futures had fallen ​around $17, or ‌15% to a session ⁠low of $96 a barrel by ⁠1108 GMT while U.S. ​West Texas Intermediate had fallen $13, or about ‌13.5%, to a session low ‌of $85.28.

(Reporting ⁠by Seher ‌Dareen ​in London; Editing by Toby ‌Chopra)

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