Oil Prices Fall as Vance Moves to Restart Iran Peace Talks - Crude Oil Prices Today | OilPrice.com

Oil Prices Fall as Vance Moves to Restart Iran Peace Talks - Crude Oil Prices Today | OilPrice.com

Source: Crude Oil Prices Today | OilPrice.com

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DW NOTE

Vance announces peace talks while the Strait of Hormuz remains effectively shut — 2 ships on October 25 versus the normal 85 per day — and oil falls anyway. Either the market believes he can reopen 20% of global crude flows with a handshake, or someone is selling what they cannot afford to hold.

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