Trump's Iran 'Last Chance' Gambit Sends Oil Prices Tumbling and London Markets Soaring

Donald Trump declared Monday that Iran faces its "last chance" to sign a peace deal, claiming he called off the "biggest strike since World War Two" at the weekend after Saudi Crown Prince Mohammed bin Salman personally urged diplomacy. Brent crude immediately plunged 5% to below $83 a barrel, while the FTSE 100 was set for a sharp jump on Tuesday morning as investors priced in a diplomatic off-ramp. The US president insists talks are "going on right now" and will...