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Oil falls on prospects for talks to end Iran war and revive supply

Geopolitics & WarEnergy Markets & PricesCommodity Futures

Oil prices fell in early Friday trade as investors priced in easing Middle East tensions after a 10-day ceasefire between Lebanon and Israel took effect and President Trump said the U.S. and Iran may meet for weekend talks. The move reflects reduced geopolitical risk premia for crude, though the situation remains fluid.

Analysis

Oil prices fell in early Friday trade as investors priced in easing Middle East tensions after a 10-day ceasefire between Lebanon and Israel took effect and President Trump said the U.S. and Iran may meet for weekend talks. The move reflects reduced geopolitical risk premia for crude, though the situation remains fluid.

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