Oil drops as gold nears $4,482 on Iran talks
Oil prices slightly declined after significant gains recorded in the previous session, with Brent crude futures falling to $94.70 per barrel and West Texas Intermediate to $91.78, as markets awaited peace talks between the United States and Iran. U.S. President Donald Trump stated that negotiations are ongoing, despite Iran suspending indirect talks, while the market remains awaiting the outcomes of progress or setbacks in the negotiations and their impact on oil prices.
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