Oil prices turned volatile on Tuesday as news reports telegraphed President Donald Trump's intention to restore sanctions on Iran, a move that effectively withdraws the United States from the 2015 Iran nuclear deal. Crude futures plunged about $3 a barrel after Bloomberg News initially reported that Trump will announce new sanctions on Iran, but would not leave the deal, citing CNN. However, that headline was not accurate. CNN actually reported that Trump would restore sanctions that the U.S. suspended starting in 2016, marking the first step toward exiting the nuclear deal. The New York Times then reported that ... (full story)