Brent posts biggest monthly decline since March 2020 as traders monitor state of U.S.-Iran talks

Oil traders are betting on a U.S.-Iran thaw. Brent crude posted its biggest monthly decline since March twenty twenty as the market braces for Tuesday's diplomatic talks in Doha. The trading logic is straightforward: if negotiations succeed, more Iranian oil could reach global markets, easing current supply pressures. According to C-N-B-C, the oil desk is closely watching how those conversations unfold.

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