Oil dips following US-Iran talks
Oil prices declined today after talks between the United States and Iran in Switzerland concluded, during which Tehran announced it had secured exemptions for its oil and petrochemical exports. This eased concerns about supply shortages in global markets. Brent crude decreased by 1.90%, reaching $79.04 per barrel, while West Texas Intermediate futures registered at $76.53. These changes followed the conclusion of the first round of negotiations aimed at extending the ceasefire and reducing tensions regarding Iran’s oil exports.
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