[Trump's Remarks Trigger Another Market Shock, Oil Prices Plunge 14%] U.S. President Trump recently stated that the United States and Iran have had very good and productive discussions over the past two days. He has instructed a suspension of all military strikes on Iran's power plants and energy infrastructure for five days, provided that ongoing meetings and discussions are successful. International oil prices plummeted in response, with Brent crude futures dropping over 14% at one point to around $96 per barrel. WTI crude and European natural gas prices also fell significantly.