23 Hrs
Source:
Sharjah24
Oil drops 2% on Iran-US talks
Oil prices fell by about 2%, with Brent crude dropping to $93.09 per barrel and West Texas Intermediate to $90.54, amid growing investor confidence that the chances of a new confrontation between the United States and Iran are decreasing. This comes after anticipation of potential tensions escalation in the region, which later subsided as fears related to the conflict between the two countries diminished.
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