Oil prices slid as investors dial back fears of a supply shock after Donald Trump said Iran was "seriously talking" with Washington over the weekend.
WTI crude oil futures drop sharply as Trump’s Iran comments ease geopolitical risks. Technical analysis points to key support tests at $60.66-$59.29.
Oil traders are worried that war between the U.S. and Iran could lead to a major disruption of crude supplies in the Middle East.
Oil prices dropped after the U.S. and Iran pledged to continue nuclear talks, easing fears of Middle East supply disruptions.
Oil prices, with WTI Crude dropping below $60 per barrel and Brent Crude below $64, fell as concerns about potential U.S. strikes and subsequent supply disruption in Iran eased. The article highlights ...
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