Brent crude slides 3% after Trump says US will stop military funding to Israel ‘by end of this year’

Brent crude has turned negative, sliding 3%, after Donald Trump said the US will stop providing military funding to Israel by the end of this year.

Brent crude slides 3% after Trump says US will stop military funding to Israel ‘by end of this year’

TL;DR

  • Brent crude prices have dropped by 3%.
  • Donald Trump announced the US will stop military funding to Israel.
  • The funding cut is planned to occur by the end of the year.