Oil Talks Hope Sinks Prices for Third Day
📡 Barrons · 1 min read ·
Part of composite article Oil Tankers Flee Red Sea, Deliveries Delayed a Month After Houthi Attacks View full article →
Oil prices fell for a third straight day on Tuesday. Traders focused on signs that the U.S. and Iran have paused direct attacks. Meanwhile, Iran and Oman discussed how to reopen the Strait of Hormuz, a key waterway for global oil shipments. The talks have raised hopes that supply disruptions may ease.