Oil prices drop sharply after Iran nuclear deal
The price of oil dropped to near $93 a barrel on Monday as a deal between Iran and six world powers on the country's nuclear program made it more likely that sanctions choking Iranian oil exports will be lifted./ By early afternoon in Europe, benchmark U.S. crude for January delivery was down $1.44 at $93.40 on the New York Mercantile Exchange. On Friday, the contract fell 60 cents to close at $94.84. Brent crude, a benchmark for international oil, was down $1.92 at $109.13 a barrel on the ICE Futures exchange in London. After marathon ...
Click
To Read Full Article
