Crude oil falls on prospects for talks to end Iran war and revive supply

Wait 5 sec.

Brent crude futures declined by $1.34, ‌or 1.35%, to $98.05 a barrel at 0021 GMT. U.S. West Texas Intermediate crude futures ‌fell $1.65, or 1.74%, to $93.40 a barrel, trimming ‌gains ⁠from the previous session.