Oil prices fell on Monday amid a pause in strikes between the US and Iran, boosting hopes for a return to a ceasefire and new talks on reopening the Strait of Hormuz. The United States held fire over…

Oil prices have fallen further in early trading after setting a two-month high set last week

Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place.

Oil prices experienced a significant five percent decline on Monday. This drop occurred after the United States and Iran paused strikes over the weekend. Hopes for a diplomatic…