Global oil prices dip below $87 a barrel after new Iran ceasefire proposal. Blockade on Saudi by Yemen’s Houthis keeps losses in check.
Oil prices took a dive into the red on Monday, reversing an earlier sharp rally, after a report of a 10-day ceasefire proposal between the U.S. and Iran sparked a sharp decline in energy prices
Oil prices took a dive into the red on Monday, reversing an earlier sharp rally, after a report of a 10-day ceasefire proposal between the U.S. and Iran sparked a sharp decline in energy prices This story matters for Finance & Markets readers tracking expo. Reported by marketwatch.com. Read the full original at the source link below.
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