EconomyOil drops more than 6% from wartime highs as Iran diplomacy appears to gain momentum
Brent crude fell more than 6% on Monday morning, pulling back from its highest close since March. The decline came as regional mediators travelled to Tehran and US President Donald Trump weighed a deal with Iran, while investors prepared for a busy week of central bank decisions and earnings reports.
Oil drops more than 6% from wartime highs as Iran diplomacy appears to gain momentum