Oil prices fall after Trump says Iran negotiations in final stages
Prices drop 6% but president warns of further attacks unless Iran agrees to a deal
Oil prices fell 6% on Wednesday after Donald Trump said that negotiations with Iran were in the final stages, though investors remain wary about the outcome of peace talks as disruption to Middle Eastern supply continues.
Brent crude futures fell $6.64, or 5.97%, to $104.64 a barrel by 1.45pm ET and US West Texas Intermediate futures were down $6.49, or 6.23%, at $97.66. Continue reading...
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