Crude Oil Slumps As U.S.-Iran Talks Gain Pace Despite Fresh U.S. Attacks On Iran

India, May 26 -- Crude oil prices have tumbled on Tuesday as optimism about a U.S.-Iran peace deal that could lead to reopening of the Strait of Hormuz soon grows despite reports of fresh U.S. strikes on Iran yesterday.WTI Crude Oil for July month delivery was last seen trading down by $2.72 (or 2.82%) at $93.88 per barrel.The U.S.-Israel versus Iran war is nearing the end of third month.Since the start of the war...

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