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اقتصاد سكاي نيوز عربية
Oil falls 5% amid US-Iran talks
Oil prices dropped by about 4.7% on Monday after U.S. President Donald Trump announced the start of new negotiations with Iran to end the war in the Middle East and reopen the Strait of Hormuz. The price of a barrel of Brent crude for September delivery fell to $83.81, while West Texas Intermediate also declined to $80.72, after being higher prior to that. This came in the context of Trump's statements confirming that the United States and Israel have agreed to suspend planned strikes on Iran, provided a quick agreement is reached regarding the Strait of Hormuz.
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