Oil Prices Fall 7% as Vance Says U.S.-Iran Talks Advance
Photo: TokenPost
Oil futures plunged Monday after Vice President JD Vance said U.S.-Iran talks had made progress and he and President Donald Trump felt positive about reaching an agreement. West Texas Intermediate (WTI) December futures settled 7.36% lower at $96.46 a barrel. Brent January futures closed down 7.63% at $104.77, while WTI fell below $100. Vance spoke to reporters at Joint Base Andrews on Monday and said no deadline had been set for Iran. Asked whether Trump was considering renewed attacks after the midterm elections, Vance answered no, while also saying the president retained military and nonmilitary options.
Source: TokenPost
