Oil with a strong downturn before Trump-Iran

Oil prices plunged 4% yesterday after media reported that Trump would most likely withdraw from the Iranian deal with the nuclear program.
The question now is how quickly Trump sanctions will be imposed on Iran and whether this will meet market expectations.
According to a report by The New York Times, President Trump has told French President Emanuel Macron that he will restore sanctions to Iran and will impose additional economic sanctions.
Macron has denied this information, quoted by Reuters.
Oil prices will continue to be extremely volatile and to be influenced by news related to Washington-Iran relations.
The Brent lost 2.3 percent of its value to $74.42 a barrel, while US crude futures fell 2.8 percent to $68.73 a barrel.

US vs. Iran: the game begins

The prices for oil on Thursday after correction in the last few days again moved to growth: Brent crude again continues to try to gain a foothold at $75 per barrel, North American oil WTI is in an attempt to overcome the mark of $68.5 per barrel.
The situation in the Middle East continues to worsen: the Iranian issue added to the Syrian issue, full of uncertainty: the peak moment will be May 12, as the question of the possibility of imposing new sanctions against Iran on the part of the US is being resolved because of the reluctance of the oil Middle East giant to meet halfway in the issue of revision of the nuclear deal.
If sanctions are imposed, one of the largest oil producers will again be withdrawn from the game, which can raise the cost of raw materials not only up to $80, but much higher.