Morning News: Oil prices fall by 3% on US-Iran de-escalation – By Shajar Research
- Oil prices fell 3% on Monday as U.S. President Donald Trump said over the weekend Iran was "seriously talking" with Washington, signalling de-escalation with an OPEC member after risks of a military strike drove prices to multi-month highs. (Reuters)
- Stocks declined, with technology stocks leading, and precious metals had a volatile start to the week as sentiment weakened amid uncertainty over the outlook for interest rates. (Bloomberg)