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Event Brief

Oil prices slip after Trump cancels planned Iran strike

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.

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