Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy and Saudi Attacks
Oil prices fell Monday as traders weighed diplomatic efforts to ease U.S.-Iran hostilities against renewed Houthi attacks on Saudi Arabia and persistent Middle East supply risks. December Brent crude futures fell 1.8% to $114.57 a barrel.
By Farhan RafidOil prices fell Monday, pulling back from recent highs as traders weighed diplomatic efforts to ease U.S.-Iran hostilities against renewed Houthi attacks on Saudi Arabia and persistent Middle East supply risks.December Brent crude futures fell 1.8% to $114.57 a barrel, while December…