Following a two-week pause in ongoing strikes against Iran, the US appears to be hinting at a potential diplomatic opening, causing US crude oil prices to dip below $82 a barrel. West Texas Intermediate decreased by 0.9% to $81.89 per barrel. Stay tuned for comprehensive coverage of the conflict in West Asia.
US-Iran War Live Updates: After a halt in two weeks of relentless strikes on Iran, the US now indicates a possible diplomatic engagement. President Donald Trump stated that Washington is involved in “very friendly negotiations” with Tehran, expressing optimism about reaching a deal while cautioning that the US would “revert to previous actions” if discussions do not succeed.
Brent crude oil prices have fallen over 9% in the past week, dropping below the $90 threshold.
These comments coincide with Israeli Prime Minister Benjamin Netanyahu’s departure for a meeting with Trump in the US.
It has now been exactly five months since the outbreak of war on February 28, when the US and Israel initiated coordinated strikes on Iranian military and nuclear-related sites, prompting the most significant direct military clash between Washington and Tehran in decades.
Stay updated with the latest news on the conflict in West Asia.
