Crude oil prices fell over 5% on Tuesday, driven by hopes of a US-Iran diplomatic breakthrough, easing supply disruption fears. Brent crude dropped to $80.67 and WTI to $77.83, continuing a downward trend after recent military de-escalation and renewed diplomatic efforts in the region.
Crude oil prices fell over 5% on Tuesday, driven by hopes of a US-Iran diplomatic breakthrough, easing supply disruption fears. Brent crude dropped to $80.67 and WTI to $77.83, continuing a downward trend after recent military de-escalation and renewed diplomatic efforts in the region.
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