Oil prices dropped by more than 2% amid the initiation of US-Iran truce talks, alongside escalating worries about Saudi oil supply. Brent crude fell to $104.30 a barrel, while West Texas Intermediate decreased to $92.41.
Oil prices dropped by more than 2% amid the initiation of US-Iran truce talks, alongside escalating worries about Saudi oil supply.
Brent crude fell to $104.30 a barrel, while West Texas Intermediate decreased to $92.41.
With negotiators examining the reopening of the Strait of Hormuz for sanction relief on Iran, the situation remains tense.
The page is ready to read now. The fuller skim-friendly version will appear here automatically.
Oil prices dropped by more than 2% amid the initiation of US-Iran truce talks, alongside escalating worries about Saudi oil supply. Brent crude fell to $104.30 a barrel, while West Texas Intermediate decreased to $92.41. With negotiators examining the reopening of the Strait of Hormuz for sanction relief on Iran, the situation remains tense.
Open the app view to save this story, compare related coverage, and continue from the same source.