Oil Prices Slide as Trump Signals More Time for Iran Diplomacy Amid Standoff

Global oil prices have seen a notable decline after President Trump indicated a willingness to allow more time for diplomatic efforts with Iran. This development comes as Iran maintains that the "ball is in the U.S. court" regarding a deal to end the ongoing conflict, highlighting the delicate balance between military threats and negotiation in the region. The situation has significant implications for global energy markets and geopolitical stability.