Event Brief
Oil prices slip after Trump cancels planned Iran strike
Filed: May 20, 2026 at 8:05 AM ET
Summary: Brent traded near $110, down about 1.6%, after Trump canceled a planned strike on Iran.
WHO: Donald Trump
WHAT: Trump canceled a planned strike on Iran, citing talks brokered by Qatar, the UAE and Saudi Arabia.
WHEN: May 20, 2026 at 8:00 AM ET
WHERE: Location not specified
WHY: Cause not yet established.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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