New Delhi, Nov. 10 -- Oil prices fell sharply on Monday amid hopes for diplomatic talks aimed at ending the US-Iran war.

Brent North Sea crude, the main international oil benchmark, dropped by more than 5%, reaching a low of $93.32 per barrel.

Meanwhile, the main US oil benchmark, West Texas Intermediate (WTI), declined by 4.5% to $86.75 per barrel.

File Photo.

#OilPrices #CrudeOil #BrentCrude #WTI #OilMarket #GlobalMarkets #EnergyMarkets #USIranWar #USIranTensions #Diplomacy #Geopolitics #OilPriceDrop #BreakingNews #WorldNews #EconomicNews #MarketUpdate #EnergyNews #InternationalNews #MiddleEastConflict #GlobalEconomy

Published by HT Digital Content Services with permission from News Point....