Oil prices fell again as the absence of new U.S.-Iran attacks and hopes for diplomacy outweighed ongoing Middle East shipping disruptions.

Renewed diplomacy fuels expectations of more Iranian barrels hitting global markets

Brent fell about 6 per cent toward US$91 a barrel, while West Texas Intermediate was below US$84. Read more at straitstimes.com. Read more at straitstimes.com.

Oil prices fell 5% as Iran reportedly agreed to suspend attacks, contingent on the U.S