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Oil falls for a third straight day after US, Iran conclude talks in Doha
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- Oil falls for a third straight day after US, Iran conclude talks in Doha By Anushree Mukherjee Thu, July 2, 2026 at 7:13 PM GMT+7 2 min read CL=F By Anushree Mukherjee
- July 2 (Reuters) - Oil prices fell nearly 2% for the third consecutive day on Thursday as concerns over supply disruptions eased after Qatar said Iran and the U.S. had made progress in talks over the Strait of Hormuz.
- Brent futures were $1.24 or 1.73% lower at $70.33 a barrel at 1157 GMT, while U.S.
Oil falls for a third straight day after US, Iran conclude talks in Doha By Anushree Mukherjee Thu, July 2, 2026 at 7:13 PM GMT+7 2 min read CL=F By Anushree Mukherjee
July 2 (Reuters) - Oil prices fell nearly 2% for the third consecutive day on Thursday as concerns over supply disruptions eased after Qatar said Iran and the U.S. had made progress in talks over the Strait of Hormuz.
Brent futures were $1.24 or 1.73% lower at $70.33 a barrel at 1157 GMT, while U.S. West Texas Intermediate crude fell $1.38, or 2.01%, to $67.20 a barrel, their lowest level since late February.
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