Oil Prices Fall 2 Percent on US Iran Truce Hopes
Oil prices fell about 2 percent on Friday as the US and Iran explored a path out of war and markets weighed a potential US diesel export ban. Brent futures settled down at 104.32 dollars a barrel while West Texas Intermediate declined to 92.41 dollars.
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Brent Crude Oil fell $2.28 to settle at $104.32 a barrel on Friday afternoon, sliding 2.1% as negotiators from the United States and Iran explored a path to end hostilities.
