Oil eases to $105 as US-Iran peace talks progress

Punchng | 21-05-2026 04:02pm |

Brent crude oil prices have decreased to $105 per barrel amid reports of advancing peace talks between the United States and Iran. This development has led to a temporary easing of prices; however, analysts express caution regarding potential future disruptions in oil supply. The ongoing negotiations are being closely monitored by market participants, as they could significantly impact global oil dynamics.

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