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Oil falls more than 6% amid hopes for diplomatic progress between Washington and Tehran

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Oil falls more than 6% amid hopes for diplomatic progress between Washington and Tehran
Via Al Manar
WHAT TO KNOWFrom Al Manar

Oil prices fell by more than 6% on Monday amid hopes for diplomatic progress in the Middle East, after several press reports indicated that Washington and Tehran were seeking to favor dialogue over a new escalation. At around 14:00 GMT, 15:00 Paris time, the price of a barrel of Brent crude …

Machine translation of an attributed source excerpt. Consult the original report to verify details. Translated from original reporting in another language.

Original report

  1. Al Manarالنفط يتراجع بأكثر من 6 % وسط آمال بتقدّم دبلوماسي بين واشنطن وطهران ↗

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