India, Aug. 3 -- President Donald Trump has said talks with Iran for lasting Middle East peace will begin Monday afternoon.
Earlier on Sunday, Trump said a planned "massive attack" on Iran has been canceled at the request of U.S. Allies in the Middle East, which apparently led to a 5 percent fall in oil prices Monday.
Brent crude oil was down at $83. 7 per barrel, while the US-traded WTI traded below $80 per barrel.
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