Brent drops to $115.88 on US-Iran rapprochement hopes
Published 1 d ago7 sourcesEvidence: Reported
Brent crude remains above US$114 even as negotiations in Tehran proceed, indicating market skepticism about near-term supply relief. The talks, involving four countries, aim to strengthen peace and security cooperation, but no concrete supply agreement has been announced. Persistent geopolitical risk in the region continues to underpin oil prices.
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