Oil prices fall as US leaders strike positive note on Iran talks
This is an entry from: Live: Trump hails 'very good meetings' with Tehran, talks under way in Doha
Oil prices fall as US leaders strike positive note on Iran talks
1 July 2026 23:22 BST
Oil prices dropped by more than 1 percent as markets reacted to positive comments from US leaders on talks between Washington and Tehran.
Brent futures fell $1.38, or 1.89 percent, to $71.57 a barrel, while US West Texas Intermediate crude lost 92 cents, or 1.32 percent, to $68.58 a barrel, according to Reuters.
Both benchmarks closed at their lowest levels since March.
As we have been reporting, Trump and Vance earlier said talks were going "very well" and "extremely well", respectively.
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