Global oil prices drop as potential Iran-US deal cools supply fears
2 min readUpdated: Apr 16, 2026 09:50 AM IST Oil prices dropped in early trade Thursday as hopes of de-escalation US-Iran tensions cooled down concerns over ongoing supply disruptions. Brent crude futures slipped 44 cents, or 0.5%, to $94.49 a barrel at 0021 GMT. US […]
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