Oil plunges 6% as Iran signals openness to peace talks
Oil fell 6% after Iran signaled it was open to peace talks.
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03:38:38 PM UTC
SquawkNews
Longer-dated US Treasury yields were lower on Monday as oil prices dropped more than 6% as Iran indicated it is open to peace talks after eight months of war in the Middle East that have kept energy prices elevated and put pressure on inflation.Yields on benchmark 10-year notes and 30-year bonds we…