Opens in a new tab

Oil Markets Swing As Iran Diplomacy Eases Supply Fears

Oil prices fell earlier Tuesday as Tehran talks raised hopes of easing Middle East tensions. At 8:55 AM Eastern, Brent was $115.04 and US crude $101.06, per CNBC. Saudi, Turkish and Pakistani officials met Iranian officials Monday; Houthi attacks on Saudi Arabia kept supply concerns in focus.

Photo: Tom Fisk/Pexels, Jakarta oil terminal (2020).

Leave the first comment