Economy · 6 d ago
Clusteringcoefficient · CC BY-SA 4.0 · Wikimedia Commons
Oil slips on Iran talks, but Brent stays near US$115
Brent crude
114.81 US$ a barrel
Brent crude fell about 1% on Tuesday to US$114.81 a barrel, while West Texas Intermediate dropped to US$100.88.
Saudi Arabia, Turkey and Pakistan held talks with Iranian officials in Tehran on Monday, which raised hopes of a breakthrough between the US and Iran.
What we know
- Brent is near its six-month high
- 30+ attacks near Hormuz in October
Not yet
- Whether the talks end the war
- Saudi confirmation of the strikes
Markets are bracing for new hostilities after the Nov 3 US midterms, and Houthi attacks on Saudi Arabia continue.
