Oil Settles Lower as Middle East Diplomacy Offers Hope
Oil futures settled lower Tuesday in a choppy session. Concerns about U.S. strikes on Iranian targets were cushioned by continued diplomatic efforts to reach a U.S.-Iran conflict settlement. Brent crude for January delivery settled down 1.1% at $103.60 a barrel.
By Farhan Rafid and Anthony HarrupOil futures settled lower Tuesday in a choppy session, with concerns about U.S. strikes on Iranian targets cushioned by continued diplomatic efforts to bring the U.S. and Iran to a conflict settlement.Brent crude for January delivery settled down 1.1% at $103.60 a…