Oil dips as Iran says open to diplomacy, Brent at $102.16
Brent crude futures fell 0.9% to $102.16 a barrel as markets weighed the possibility of Iran embracing diplomacy to end the war. WTI crude was around $93.80, while Brent had been near $105.85. The development comes amid cautious trading in oil as investors monitor regional tensions and potential truce talks.
Key facts
- 01Brent crude futures fell about 0.9% to around $102.16 a barrel.
- 02Iran stated it is open to diplomacy to end the war.
- 03Oil prices were trading with Brent near $105.85 and WTI near $93.80.
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- Oil prices fall as markets look to Iran truce, but remain wary of attacks on oil facilities · CNA Business
- Oil prices fall as Iran says it is open to diplomacy to end the war · The Straits Times Business