U.S. and Brent crude oil have continued to pull back in the short term, fully erasing the gains since news broke of Trump's plan to extend the blockade on Iran

Odaily reports, according to Gate data, U.S. and Brent crude oil have continued to pull back in the short term, fully erasing the gains since news broke of Trump's plan to extend the blockade on Iran. They are currently reported at $100.71/barrel and $103.2/barrel respectively, both down about 0.6% on the day.