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Oil prices plunge amid reported progress in US, Iran talks

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Oil prices plunged around midday Wednesday as reports emerged that the U.S. and Iran are nearing an agreement on a one-page memorandum that could result in the reopening of the Strait of Hormuz. The international benchmark, Brent crude oil, reached $101.75 at 11 a.m. EDT while West Texas Intermediate hit $95.60, according to Reuters. Stock...


Story Timeline

Sat 13:03 - Middle East Eye
US and Iran begin negotiations in Islamabad
Sun 21:52 - Washington Examiner
Revealed: The six US red lines in talks with Iran
Fri 09:25 - France 24
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