Oil slides as US and Iran near nuclear deal
There's no shortage of volatility in the oil market at the moment, with multiple forces combining to create very lively conditions. The market is obviously extremely tight which is why we're seeing some large moves on a daily basis and the price could already be in triple-figure territory if not for the nuclear talks between the US and Iran.
And it's this that's driving the declines today, with reports suggesting an agreement is days away.
17-02-2022 08:52 GMT
by Craig Erlam
