Global oil prices reverse to below $87 a barrel after report of new Iran cease-fire proposal
Oil prices took a dive into the red on Monday morning, reversing an earlier sharp rally, after a report of a 10-day cease-fire proposal between the U.S. and Iran sparked a sharp decline in energy prices despite a fresh barrage of strikes in the Middle East over the weekend.
Oil prices took a dive into the red on Monday morning, reversing an earlier sharp rally, after a report of a 10-day cease-fire proposal between the U.S. and Iran sparked a sharp decline in energy prices despite a fresh barrage of strikes in the Middle East over the weekend. This story matters for Finance & Markets readers tracking bond. Reported by marketwatch.com. Read the full original at the source link below.
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