Brent Crude Slips 3% To $110 As Iran-Qatar Peace Talks Ease Supply Fears
Global crude oil prices declined more than 3% on Monday as continuing diplomatic discussions between Iran and Qatar raised hopes of progress towards ending the US-Israeli war on Iran. Brent crude futures fell 3% to $110 per barrel, while US West Texas Intermediate (WTI) crude dropped 3.10% to $100.90. The decline followed a sharp rally last week, when Brent ended October at its highest level in…
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