Oil dips amid US-Iran talks deadlock
Oil prices declined today due to the influx of supplies through maritime passages, despite the stagnation of negotiations between the United States and Iran. By 09:25 Moscow time, September Brent contracts fell by 1.94% to $87.30 per barrel, and West Texas Intermediate declined by 2.17% to $81.78 per barrel. Nevertheless, prices are still on track for a monthly increase of around 20%. An analyst stated that tensions in the Middle East have led to a decrease in indicators of increased flows through the Strait of Hormuz.
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