BBC News·3 min read·medium

Oil price dives as US and Iran pause attacks

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Oil price dives as US and Iran pause attacks
AI Summary

Global oil prices dropped by over 9% as tensions between the US and Iran eased following a pause in military attacks. The market remains volatile as investors weigh the potential for a lasting diplomatic resolution against ongoing regional instability.

Image source, Getty Images By Nick Edser Business reporter Published 17 minutes ago The price of oil sank more than 9% on Monday on hopes that a pause in attacks between US and Iran could help lead to a resolution to the conflict.

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Oil price dives as US and Iran pause attacks — Headlinne — headlinne