Oil prices fall as U.S. and Iranian officials signal progress in ceasefire talks, easing supply fears and prompting traders to unwind part of the recent risk premium.

Oil prices slid on optimism that the US and Iran were moving closer towards a peace deal, even though they remained at odds over key issues.

Oil prices have dropped significantly as markets react to potential peace talks between the United States and Iran. Asian stock markets saw early gains on Monday. President Donald…

Brent crude dropped as much as 5.1 per cent to US$98.22 a barrel. Read more at straitstimes.com. Read more at straitstimes.com.

Japan's stock market surges to record high on hopes of an end to US-Israel war on Iran.

Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with…

Oil prices fell and Asian stocks climbed on Monday over hopes a deal between the United States and Iran to open the Strait of Hormuz could be brokered.The price of North Sea Brent…

Analysts urge caution as US and Iran remain divided on key issues

Oil prices slipped nearly 6% to two-week lows on Monday, as optimism grew that the United States and Iran were moving closer to a peace deal, even...

Oil prices slipped more than $5 to two-week lows on Monday, as optimism grew that the United States and Iran were moving closer to a peace deal,...

Washington and Tehran appear close to agreeing on ending the Middle East war that has effectively closed the Hormuz strait, driving up energy prices and stoking global inflation.

Oil prices fell over 6% Monday as U.S.-Iran diplomatic progress eased supply fears, pulling Brent below $100/bbl for the first time in three weeks.

Concurrently with rising speculation over Iran and the United States reaching an agreement to de-escalate tensions and reopen the Strait ...

WTI, Brent slide over 6% as ‘war risk premium’ fades on US-Iran talks

Oil prices fall as U.S. and Iranian officials signal progress in ceasefire talks, easing supply fears and prompting traders to unwind part of the recent risk premium.

Oil prices fell as traders focused on hopes for a U.S.-Iran deal despite continued hostilities, tight inventories, and the effective closure of the Strait of Hormuz.

NEW YORK: Oil prices fell Wednesday (May 27) while global stocks mostly rose as markets parsed the latest posturing between Washington and Tehran over a peace accord.Hopes of an…