Global oil stocks fall as crude losses extend amid hopes for negotiations with Iran
Global oil and gas shares declined on Monday after crude prices extended the losses they recorded last week, as investors welcomed renewed signs of diplomatic progress between the United States and Iran, easing concerns about supply disruptions in the Middle East.
Oil prices fell following statements by U.S. President Donald Trump, who said that talks regarding the Strait of Hormuz would begin on Monday, noting that Saudi Arabia, the UAE, Qatar, and Iran had all urged Washington to postpone any planned military action.#USIranTalksToBegin #YenRisesTo156 #ColdcardHaltsShipmentsAfterFirmwareFlaw $TRUMP
Global oil and gas shares declined on Monday after crude prices extended the losses they recorded last week, as investors welcomed renewed signs of diplomatic progress between the United States and Iran, easing concerns about supply disruptions in the Middle East.
Oil prices fell following statements by U.S. President Donald Trump, who said that talks regarding the Strait of Hormuz would begin on Monday, noting that Saudi Arabia, the UAE, Qatar, and Iran had all urged Washington to postpone any planned military action.#USIranTalksToBegin #YenRisesTo156 #ColdcardHaltsShipmentsAfterFirmwareFlaw $TRUMP