Oil Hits Four-Month Low After US-Iran Doha Talks

AI Summary

Oil prices declined for the third straight day, reaching a four-month low following progress in talks between the U.S. and Iran in Doha. The easing concerns over supply disruptions helped trigger the drop in prices.

Oil prices fell for a 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…