The Guardian Australia – Business
·business
·1 hour ago
Oil prices fall below $100 as US-Iran peace deal prospects improve
Oil prices fell below $100 a barrel Monday as hopes grew for a US-Iran peace deal. Brent crude futures dropped 5.5% to just below $98, their lowest level in two weeks, while stock markets rose globally. However, negotiators remain divided on key issues including Iran's blockade of the Strait of Hormuz.
Summary by Glance · The Guardian Australia – Business
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