Oil Prices Fall As Iran Claims Sanctions Will Be Lifted ...Middle East

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Oil Prices Fall As Iran Claims Sanctions Will Be Lifted
Oil prices dropped again early on Thursday after Iran’s president said that the world powers had accepted during the latest round of talks that sanctions against Iran would be lifted. As of 10:39 a.m. EDT on Thursday, WTI Crude was trading down 0.95 percent at $62.76. Brent Crude prices had declined by 1.07 percent to trade below $66 a barrel—at $65.96. Just two days ago, Brent Crude briefly touched $70 early on Tuesday but failed to hold on to that handle later during the day as reports of a breakthrough in the indirect talks about…

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