Oil prices fell sharply on Tuesday, after having jumped more than 4 percent in the previous session amid ongoing uncertainty over talks between the United States and Iran to end their war and reopen the Strait of Hormuz. Brent crude futures for August delivery were down 1.7 percent at $93.35 a barrel, while WTI crude futures for July delivery fell 1.6 percent to $90.65.Investors assessed mixed sig…

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Oil Prices Slide As Traders Assess Mixed Signals On US-Iran War

2026-06-02 09:40:26

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