USO, CVX, XOM, OXY Drop Premarket As Trump’s Iran Talks Trigger Crude Oil Selloff
Crude oil prices tumbled on Monday after U.S. President Donald Trump announced that negotiations with Iran would begin later in the day, saying there’s a deal to reopen the Strait of Hormuz and that talks on the denuclearization of Iran would follow.The remarks eased fears of prolonged supply disru…