️🇮🇷🇶🇦 Reuters: Oil prices fell more than 3% on Monday as senior Iranian and Qatari officials continued talks aimed at ending the war between the US and Israel in Iran.
Brent crude fell to $109.75 a barrel and US WTI to $100.69 at 04:07 GMT. Iran's foreign minister, Abbas Arjechi, described the talks as progressing, while saying Tehran remained ready for both defense and diplomacy.
OPEC+ kept December production targets unchanged as the conflict continued to disrupt exports.