Brent crude falls to $101.71, WTI below $100 as US-Iran diplomacy hopes grow

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Brent crude oil prices fell to $101.71 per barrel and WTI crude slipped below $100 amidst growing hopes for renewed US-Iran diplomatic engagement. Market participants reacted to the potential easing of geopolitical tensions affecting oil supply.

Brent crude fell to $101.71 per barrel while US West Texas Intermediate (WTI) crude slipped below $100 as investors weighed renewed hopes of diplomatic engagement between the United States and Iran this week. The post Brent crude falls to $101.71, WTI below $100 as US-Iran diplomacy hopes grow appeared first on Nairametrics.