WS #11139
Oil prices stabilize after steep quarterly drop, with Brent at $73 and WTI near $70, as US-Iran talks continue in Doha; Iran insists on no missile negotiations and a 60-day transit window at Hormuz, while tanker traffic rebounds and oversupply concerns mount.
Oil Market Stabilization and US-Iran Talks
Oil prices stabilize after steep quarterly drop, with Brent at $73 and WTI near $70, as US-Iran talks continue in Doha; Iran insists on no missile negotiations and a 60-day transit window at Hormuz, while tanker traffic rebounds and oversupply concerns mount.