Oil Settles 5% Lower as Investors Await Updates on US-Iran Peace Deal Talks
Oil prices settled 5% lower on Wednesday as investors awaited updates on a framework of a deal between the United States and Iran on ending their conflict and reopening the Strait of Hormuz. Brent crude futures settled $5.29, or 5.31%, at $94.29 a barrel, while U.S. West Texas Intermediate crude lost $5.21, or 5.55%, to […] The post Oil Settles 5% Lower as Investors Await Updates on US-Iran Peace Deal Talks appeared first on GV Wire.
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