Oil falls on US-Iran progress; pound holds up as Starmer resigns

AI Summary

Oil prices declined due to optimism about US-Iran diplomatic progress toward a potential agreement. Meanwhile, the pound held steady as UK political figure Starmer resigned, causing mixed movements in major stock markets.

Oil prices fell Monday on optimism over talks by the US and Iran after mediators flagged a "roadmap" to a final agreement, while major stock markets traded mixed. The post Oil falls on US-Iran progress; pound holds up as Starmer resigns appeared first on Vanguard News.