By Michele Maatouk
Date: Monday 03 Aug 2026
(Sharecast News) - Oil prices slumped amid fresh hopes for US-Iran negotiations after Donald Trump said talks would resume on Monday.
At 0740 BST, Brent crude was down 5.7% at $82.96 a barrel, while West Texas Intermediate was 6.5% lower a $79.21.
Prices fell back as Donald Trump said talks...
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