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Oil prices fell on optimism over US-Iran peace talks, with mediators flagging a “roadmap” to a final agreement, AFP reports.
Both main oil contracts fell in early trade, while most stock markets advanced.
“Following the positive response last week to reports of a US-Iran ceasefire, markets are likely to open with a cautious tone to start the new week as it remains clear that the situation in the Middle East remains fragile,” said National Australia Bank’s Skye Masters.
