Oil climbs amid US-Iran talk uncertainties
Oil prices have risen slightly amid ongoing concerns over threats to Middle Eastern supplies. The price of Omani oil for October delivery reached $83.51, an increase of $5 compared to Sunday's session. The average monthly oil price in August declined to $79.09, down nearly $22 from July. Additionally, Brent crude futures hit $84.39 per barrel, up 0.7%, while West Texas Intermediate (WTI) oil was at $80.95, after falling to its lowest level in a week in the previous session. These fluctuations occur amid fears that U.S. military strikes on Iran may continue to be halted due to ongoing talks between the two countries.
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