Oil falls on signs of progress in US-Iran peace talks despite challenges

Oil prices slip as Iran FM cites 'major progress' in US peace talks; Wall Street stays cautious

Philippine Daily InquirerOil prices fell after Iran's foreign minister cited 'major progress' in US-Iran peace negotiations, easing supply-disruption fears that had elevated crude prices during the conflict. Wall Street futures remained muted as investors assessed whether the diplomatic progress would hold, with Asian shares trading mixed. Markets appeared to price in optimism without full conviction, reflecting ongoing uncertainty about the durability of the talks.

Oil prices slip as Iran FM cites 'major progress' in US peace talks; Wall Street stays cautious · Noozday