Oil prices are down $2 a barrel amid hopes of easing hostilities between the United States and Iran, but persistent attacks on key producer Saudi Arabia keep investors wary and prices near six-month highs, Reuters reports.
Brent crude futures are down $2.03, or 1.7 per cent, at $114.70 as of 1437 GMT (7:37 pm PKT), while US West Texas Intermediate crude futures are down $2.60, or 2.5pc, at $100.71 per barrel.
