Global oil prices dip below $87 a barrel after new Iran cease-fire proposal. Blockade on Saudi by Yemen’s Houthis keeps losses in check.

FundNews newsroom brief · 13h ago · 1 min read · via marketwatch.com

Oil prices took a dive into the red on Monday, reversing an earlier sharp rally, after a report of a 10-day cease-fire proposal between the U.S. and Iran sparked a sharp decline in energy prices

Oil prices took a dive into the red on Monday, reversing an earlier sharp rally, after a report of a 10-day cease-fire proposal between the U.S. and Iran sparked a sharp decline in energy prices This story matters for Finance & Markets readers tracking fund. Reported by marketwatch.com. Read the full original at the source link below.

Originally reported by marketwatch.com. FundNews curates and briefs the finance & markets stories that matter. Our editorial policy →
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