Friday, 7 August 2026 Archypedia index online
ArchypediaA
The living archive of world news
Topic

Yen intervention

Oil prices slump as Trump cancels planned Iran attack and restarts talks

Oil prices slump as Trump cancels planned Iran attack and restarts talks

A shift in Middle East geopolitical risk has lowered energy costs and gilt yields, while a rare joint US-Japan intervention aims to stabilize the yen.

Business ·3 Aug 2026, 18:08 ·Elena Voss 4 min read