Oil falls on news US-Iran will hold nuclear talks

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The story "Oil falls on news US-Iran will hold nuclear talks" was covered 7 hours ago by The Star, a news publisher based in Malaysia.

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The Star 7h ago

Oil falls on news US-Iran will hold nuclear talks - The Star

Quick Summary:

Oil prices settled lower on Wednesday, after Oman's foreign minister said a fresh round of nuclear talks between Iran and the US would take place later this week.

Iran is the third-largest producer among members of the Organization of the Petroleum Exporting Countries and an Israeli attack could upset flows from the country.

Prices had gained earlier in the session on a CNN report on Tuesday that US intelligence suggests Israel is preparing to strike Iranian nuclear facilities.