Crude oil prices retreat on hopes of renewed US-Iran talks; Brent slips to $96.5/bbl
Crude oil prices, which have been reacting sharply to ongoing developments in West Asia, cooled off on Tuesday, 14 April, as expectations rose over a possible second round of talks between the US and Iran to end the month-long war.
The benchmark US crude retreated by $4 to $95 a barrel. Brent crude, the international benchmark, also dropped $2.77 to $96.59 a barrel.
