Oil prices fall as Iran talks progress

The article discusses the continuous decline in global oil prices following U.S. President Donald Trump's announcement of initiating friendly talks with Iran to end tensions between the two countries, as he halted attacks on Iran to give negotiations a chance. Brent crude dropped to $87 per barrel, its lowest level in over three months, while West Texas Intermediate fell below $82. These developments occur amid a partial halt in navigation through the Gaza Strait, with market anticipation focused on the outcomes of the talks, especially after Trump's meeting with Netanyahu in Washington to discuss Iran, amid concerns about the stability of oil movement in the region.

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