Crude oil prices experienced a decline of over 1% as discussions regarding the resolution of the Iran war remain ongoing. Brent crude futures dropped by $1.59, or 1.40%, reaching $111.84 per barrel by 0011 GMT. Simultaneously, US West Texas Intermediate (WTI) crude fell by $1.56, or 1.50%, settling at $102.56 per barrel.
Economy
Oil prices slide over 1% amid Iran war resolution talks
Global crude oil prices fell by more than 1% as negotiations to end the Iran war continue.
Source: The Business Standard