Oil prices fell Tuesday and Thursday as diplomatic efforts between the United States and Iran eased concerns over Middle East supply disruptions, though regional tensions and shipping hazards kept prices near six-month highs. Brent crude dropped 1.67% to $113.88 a barrel, while U.S. West Texas Intermediate crude fell 1.83% to $99.90. Analysts attributed the declines to hopes for renewed peace talks, even as military activity continued in the region.
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