🔸 The world oil price fell on Monday, September 30, at the beginning of trading in the American financial markets, and Brent crude oil fell below $100 per barrel for the first time in more than a week.

🔸 The world oil price fell on Monday, September 30, at the beginning of trading in the American financial markets, and Brent crude oil fell below $100 per barrel for the first time in more than a week.

🔸 The price of American West Texas Intermediate oil traded at a similar drop of about $95 per barrel.

According to AFP, the drop in oil prices occurred following hopes for diplomatic progress in ending the war between Iran and the US.

In this context, this news agency mentioned this week's meeting of the United Nations General Assembly in New York and the statements of Donald Trump, the President of the United States, according to which he is ready to meet with Massoud Pazhkian, his Iranian counterpart, on the sidelines of this meeting.

The price of oil has risen in recent days due to increased tensions in the Middle East, including increased attacks by Yemen's Houthis on Saudi Arabia's energy infrastructure. Bloomberg reported that after the ground attack on Saudi Arabia's main east-west pipeline, Aramco informed at least two refineries in Europe that they would not receive crude oil based on long-term contracts next month.