Oil Prices Drop for Second Consecutive Session as Hopes of U.S.-Iran Deal Ease Supply Fears

Brent crude slipped below $79 per barrel while WTI settled near $75.65 as investors bet on diplomatic progress between the United States and Iran over reopening the Strait of Hormuz. Also Read | RBI Keeps Repo Rate Unchanged at 5.25%; Raises FY27 GDP Forecast, Cuts Inflation Estimate Global oil prices declined sharply for a second straight […] The post Oil Prices Drop for Second Consecutive…