Oil prices fall after Trump hails 'good' talks with Iran

🇺🇸 Al-Monitor Middle East (US) —
Oil prices fall after Trump hails 'good' talks with Iran

AI Summary

Oil prices declined after US President Donald Trump described talks between US and Iranian representatives at the United Nations as 'very good.' Brent crude fell to $98.41 and West Texas Intermediate to $89.23 per barrel, below the symbolic $100 threshold breached since the Middle East war started.

Oil prices fell on Wednesday after President Donald Trump said US and Iranian representatives had met for "very good" talks at the United Nations. International benchmark Brent crude and main US contract West Texas Intermediate were below the symbolic $100 mark that has been repeatedly breached since the Middle East war began in February. Brent hit $98.41 and WTI lowered to $89.23 per barrel in afternoon Asian trading.

Politics Markets Commodities Energy oil prices Brent crude WTI Donald Trump Iran UN talks Middle East war

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