Market News
Oil prices fall on news that US-Iran will hold nuclear talks - REUTERS
Summary
- Next round of Iran-US talks to take place on May 23 in Rome
- US intelligence suggests Israel plans to strike Iran, CNN says
- US-Iran nuclear talks show little progress
- US crude, fuel stocks up, EIA says
NEW YORK, May 21 (Reuters) - Oil prices settled lower on Wednesday, after Oman's foreign minister said a fresh round of nuclear talks between Iran and the U.S. would take place later this week.
Prices had gained earlier in the session on a CNN report on Tuesday that U.S. intelligence suggests Israel is preparing to strike Iranian nuclear facilities. CNN cited multiple U.S. officials and added that it was not clear whether Israeli leaders have made a final decision.
