Oil Prices Fall as Middle East Tensions Ease, Supply Risks Reduced

Oil prices fell as tensions eased in the Middle East, reducing the likelihood of near-term supply disruptions. Brent crude fell below $68 a barrel, after falling nearly 4% the previous week, while West Texas Intermediate crude approached $63 a barrel. Iran and the United States held talks in Oman on Friday in an attempt to de-escalate tensions over Iran's nuclear program, with Tehran calling the talks a "step forward." President Donald Trump indicated that another...

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