Oil Prices Fall as Markets Weigh Iran Truce Prospects
Oil prices dipped slightly as investors evaluated potential peace talks between the United States and Iran. Meanwhile, ongoing attacks on Saudi energy facilities by Houthi rebels kept markets cautious about supply disruptions.
Xurve View
Insights:
Xurve View
Brent Crude Oil fell 87 cents to $105.73 a barrel during Friday morning trade, cooling from a weekly high after a round of peace talks. The pullback follows a volatile week marked by a 5% surge in both major contracts due to Middle East supply fears. The recent dip contrasts with persistent regional risks that continue to threaten critical energy infrastructure.
