Oil prices fall by over 13% after Trump postpones military strikes against Iran's energy infra for five days

Iran Herald · March 23, 2026 War

New Delhi [India], March 23 (ANI): Oil prices plunged by over 13 per cent after US President Donald Trump announced that he had instructed the Department of War to postpone strikes against Iranian power plants and energy infrastructure for five days, stating that conversations continue for 'total resolution of our hostilities' in West Asia.