Oil Prices Plunge as US-Iran Talks Advance (finance.biggo.com)

West Texas Intermediate crude futures fell 6.5% to $97.40 and Brent dropped 6.2% to $106.45 amid expectations of renewed US-Iran negotiations and unchanged OPEC+ production targets. Energy stocks declined, with Exxon Mobil down 2.4% and Chevron slipping about 2%, while airline shares surged on lower fuel cost outlooks, led by United Airlines rising 6.7%.