According to CoinMeta, global oil prices fell below $83 per barrel, hitting a three-week low. Previously, Trump announced the cancellation of the planned attacks and stated that negotiations with Iran would resume on Monday. On Monday, oil prices tumbled significantly as investors' hopes for a cooling of tensions between the US and Iran increased. The September contract for West Texas Intermediate (WTI) crude oil fell by 6.9% to $78.85 per barrel, while the October contract for Brent crude oil dropped by 5.7% to $82.91 per barrel.