Nymex Overview: Crude Futures Fall on US-Iran Diplomacy, Supply Risks — OPIS

Oil futures fell midday Friday amid renewed diplomatic efforts to reach a U.S.-Iran agreement over the Strait of Hormuz, while continued threats to the Middle East energy infrastructure kept supply concerns in focus.As of 12:35 p.m. ET, November ICE Brent crude was trading $3.06 lower at $103.54, w…