Source-linked briefing Business

Oil Falls Over 6% on Hopes of Breakthrough to End Iran War

Oil Falls Over 6% on Hopes of Breakthrough to End Iran War

Brent crude dropped by more than 6% to about $105.55 a barrel amid hopes of a breakthrough to end the Iran war. The decline reflects expectations that diplomacy could ease supply risks.

Original headline

Oil price falls amid hope of a breakthrough to end Iran war