Crude oil prices plunge over 14% after Trump halts strikes on Iranian power plants; Brent hits $96 by Live mint | March 23, 2026 7:10 pm | Indian Stocks, Market, News On 23 March, crude oil prices plummeted over 14% after President Trump announced a five-day pause on military actions against Iran, following positive discussions. Despite the drop, prices remain significantly higher than earlier in the month.