The Guardian Australia
·general
·1 hour ago
Oil prices fall to two-week lows – as it happened
Oil prices fell to two-week lows Monday as optimism grew over potential US-Iran peace negotiations. Brent crude dropped 4.55% to $98.83 a barrel, while West Texas Intermediate fell 4.73% to $92.03. Both contracts hit their lowest points since May 7, though disputes over key issues including Hormuz strait blockades persisted.
Summary by Glance · The Guardian Australia
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