Markets: Oil slips on US-Iran talks progress as pound falls on Keir Starmer exit
Oil prices retreated on Monday after signs of progress in US-Iran negotiations eased fears of ongoing supply disruptions in the Strait of Hormuz, a critical global oil transit route. In the UK, market watchers turned their attention to the departure of the country's prime minister.
Oil prices retreated on Monday after signs of progress in US-Iran negotiations eased fears of ongoing supply disruptions in the Strait of Hormuz, a critical global oil transit route. In the UK, market watchers turned their attention to the departure of the country's prime minister.