Global·NewlyNewsNG

Oil prices drop on US-Iran deal prospect

NG · · Daily Trust NG

Global oil prices fell sharply on Monday as growing optimism over a possible diplomatic breakthrough between the United States and Iran eased fears of prolonged supply disruptions in the Middle East. Brent crude, the international oil benchmark, dropped by nearly six per cent to trade below $100 per barrel, while U.S. West Texas Intermediate (WTI) […]