Oil prices fall as Iran-Oman talks raise hopes for US-Iran peace. Diplomatic meeting by August 31, 2026 now at 54% YES.

Oil prices experienced a significant decline on Tuesday, falling over five percent. Hopes for a diplomatic resolution to the West Asia conflict emerged. This potential resolution…

Oil prices decline for a third day amid optimism for a US-Iran-Oman deal to reopen the Strait of Hormuz.