Oil slides as Trump signals restraint on Iran despite fresh shipping attacks

Oil prices fell sharply on Monday after US President Donald Trump downplayed the likelihood of renewed strikes on Iran, though attacks on ships near the Strait of Hormuz kept supply concerns in focus. Brent crude slid by $3.49, or 3.6%, to $94.83 a barrel by 1219 GMT while US West Texas Intermediate lost $2.66, or 2.9%, to $88.17. The Brent benchmark plunged by 16% last week to touch a two-month…