Oil prices plunge over 4% as Iran expresses desire for peace talks with Israel
Crude oil futures fell more than 4% in early trading on Wall Street on Monday, following reports that Iran is seeking to cease hostilities with Israel and reinstate nuclear discussions. West Texas Intermediate (WTI) crude oil for July delivery declined by $3.30, or 4.52%, to $69.68 per barrel. Brent crude, the global benchmark, dropped by…