Oil prices ease 3% on optimism for Qatari-led talks on ending Iran war
- Oil prices dropped over 3% with Brent crude futures falling to $109.75 a barrel and US West Texas Intermediate at $100.69 a barrel.
- The decline followed ongoing talks between Iranian and Qatari officials aimed at resolving the US-Israeli conflict involving Iran.
- OPEC+ has decided to maintain December production targets, indicating a reluctance to adjust policies amidst the backdrop of the Iran conflict.
