Oil Prices Fall as Traders Weigh U.S.-Iran Diplomacy
Brent crude futures fell 1.1% to $114.02 a barrel as traders weighed U.S. efforts to revive peace negotiations with Iran against Middle East supply risks and possible renewed military escalation.
By Farhan RafidOil prices fell Thursday as traders assessed fresh U.S. efforts to revive peace negotiations with Iran against persistent Middle East supply risks and the possibility of renewed military escalation.December Brent crude futures fell 1.1% to $114.02 a barrel, while December West Texas…