Oil Falls as Iran Proposes Talks but Prices Still Set for Weekly Gains
Oil prices dropped on Friday after Iran was reported to have sent a fresh proposal for U.S. negotiations, but prices remained on track for weekly gains, with Tehran still blocking the Strait of Hormuz and the U.S. Navy blocking exports of Iranian crude. Brent crude futures for July were down 26 cents, or 0.2%, at $110.14 […] The post Oil Falls as Iran Proposes Talks but Prices Still Set for Weekly Gains appeared first on GV Wire.
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