Oil Falls as Supply Fears Ease, Iran Diplomacy Gains Pace
Brent falls toward $104 a barrel after losing more than 3% over the two previous sessions.
Brent crude fell toward $104 a barrel after losing more than 3% over the previous two sessions, as supply concerns eased and diplomatic engagement with Iran gained momentum. The decline reflects market expectations that renewed negotiations could loosen restrictions on Iranian oil exports and add supply to global markets.
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