Oil prices plunge over 7% on US-Iran dialogue hopes ahead of US midterms
Briefing by News4U · First published
RTHK Finance reported that oil prices tumbled more than seven percent on Monday after Iran said intensive exchanges were underway with Washington and offered to reopen the Strait of Hormuz under strict conditions, while Axios reported that US Vice President JD Vance had sent a letter to Iranian national security chief Mohsen Rezaei about possible new talks. [1]
Sources
- Oil prices plunge on US-Iran hopes, stocks end mixed
RTHK Finance · · Excerpt