Oil prices tumbled on Wednesday after a report that U.S. President Donald Trump weighed easing sanctions on Iran, which could boost global crude supply at a time of lingering worries about global energy demand. Market participants cited a report from Bloomberg that Trump discussed easing sanctions on Iran to help secure a meeting with Iranian President Hassan Rouhani later this month. The report, attributed to three unnamed sources, said then-National Security Advisor John Bolton argued against such a step. Brent crude LCOc1 fell $1.31, or 2.1%, to $61.07 a barrel by 11:55 a.m. ET (1555 GMT), while U.S. West Texas ... (full story)