Commodities
Oil Prices Decline Amid Middle East Tensions Easing
Crude oil prices declined on Monday as tensions in the Middle East eased. The United States and Iran paused their attacks, allowing negotiations to restart.
Stocks on Wall Street traded mixed, while oil prices fell following the development. This comes after a period of heightened tensions between the US and Iran, which had driven up crude prices.
The US and Iran have been locked in a conflict for months, with the US imposing sanctions on Iran's economy. However, with negotiations set to resume, investors are cautiously optimistic about the prospects for peace.