Oil Holds Loss as Hope of New Iran Deal Eases Sanction Concern
France’s Macron seeks new Iran deal to contain nuclear program/ WTI steady at $67.69 a barrel after 1.4 percent drop Tuesday/ Oil held losses below $68 a barrel after French President Emmanuel Macron called for a new Iran nuclear deal to keep the U.S. on board, raising speculation sanctions on the OPEC producer may be averted./ Futures in New York were little changed after dropping 1.4 percent Tuesday. Macron proposed negotiating a new agreement that would curb Iran’s ballistic missile development and nuclear program ahead of next month’s ...
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