While United States and Iran were preparing for a third cycle of In nuclear negotiations, oil prices fell by around 1% on Monday.

The price of Brent crude oil fell by 76 cents, or 1.06%, at 71 dollars per barrel at 03:54 GMT, while the price of oil American West Texas Intermediate crude was $65.75 per barrel, down 75 cents, or 1.10%.

On Saturday, Trump announced that he would be subject to a right of temporary customs of 10% to 15% on American imports from of all countries, which is the maximum level allowed by law, after the Court American supreme invalidated his previous program of customs duties.

The tariff decision compensated for the concerns escalation of a military conflict between the United States and Iran, which caused Raise Brent and WTI prices by more than 5% last week.