Global Oil Prices Slide Ahead of Iran-US Talks
Global crude oil prices declined ahead of anticipated talks between Iran and the United States, reflecting cautious sentiment in international energy markets.
In the global market, Brent crude oil fell by $1.59 per barrel, bringing its price down to $67.87 per barrel. US West Texas Intermediate (WTI) crude also recorded a decline, shedding $1.51 to settle at $63.63 per barrel.
During the trading session, both global benchmark prices experienced sharper losses at one point, with declines exceeding three percent. Market participants closely monitored geopolitical developments, as expectations surrounding Iran-US negotiations influenced trading activity and price movements.
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