Report
Brent Crude Plunges on US-Iran Diplomacy Optimism
Brent crude fell sharply on optimism over US-Iran peace talks; Iran's president said his government had more negotiating authority.
TLDR
Iranian President Masoud Pezeshkian said his government had been granted greater authority to pursue peace talks. President Trump said a deal “could happen” and linked falling oil prices to signs of progress. One post put Brent crude's decline at 11.6%, to $103.96; another described crude prices falling nearly 10%.
Combined views
40.5K
2 Sources, first seen ago