Oil prices fell sharply following US President Donald Trump's announcement of a five-day halt to strikes on Iranian energy infrastructure.
Brent futures for May delivery dropped $15 in London trading, falling below $100 per barrel.
WTI crude declined $11 per barrel, with May futures currently trading at $86.
Brent crude had risen nearly 9% over the past week.
Earlier today, Trump announced a temporary suspension of strikes on Iranian energy infrastructure after talks with Tehran aimed at ending the conflict.
