Oil price falls amid hope of a breakthrough to end Iran war
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Brent crude drops by more than 6% to $105.55 a barrel, the lowest level in more than two weeks
The strait of Hormuz shipping lane has been largely closed since the US and Israel attacked Iran earlier this year. Photograph: ReutersThe strait of Hormuz shipping lane has been largely closed since the US and Israel attacked Iran earlier this year. Photograph: ReutersOil price falls amid hope of a breakthrough to end Iran war
Brent crude drops by more than 6% to $105.55 a barrel, the lowest level in more than two weeks
The oil price has fallen to its lowest level in more two weeks amid new hopes of a breakthrough to end the Iran war.
