Crude oil prices dip on Iran deal hopes amid supply concerns
after close1 source ↓written by the desknot a recommendation
- oil prices fell
- 5%
- per barrel
- $98.28
- to Iran aimed
- 15-point plan
- amid geopolitical uncertainties
- $150
Crude oil prices fell 5% to $98.28 per barrel as hopes for a ceasefire in West Asia emerged. The US has proposed a 15-point plan to Iran aimed at resolving ongoing tensions, potentially easing supply disruptions. Traders remain cautious, eyeing potential price movements towards $150 amid geopolitical uncertainties.
Not investment advice. For informational purposes only.