Oil Prices Fall as Iran Deadline Nears
Supply disruptions due to Saudi airstrikes on Yemen looked increasingly unlikely/ LONDON—Oil prices started the week in the red ahead of the looming deadline for Iran’s nuclear talks, while supply disruptions due to Saudi airstrikes on Yemen looked increasingly unlikely. Brent crude for May delivery fell 0.7% to $56 a barrel on London’s ICE Futures exchange. On the New York Mercantile Exchange, light, sweet crude futures for delivery in May traded at $48.16 a barrel, down 1.5% from Friday’s settlement.
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