EconomyOil plunges more than 6% from near wartime highs as Iran diplomacy appears to gain pace
Brent crude fell more than 6% early Monday, retreating from its highest close since March. Regional mediators were heading to Tehran as US President Donald Trump weighed a deal with Iran, while investors prepared for a busy week of central bank decisions and corporate earnings.
Oil plunges more than 6% from near wartime highs as Iran diplomacy appears to gain pace