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Singapore, June 30 (QNA) – Oil prices fell on Tuesday as investors awaited the outcome of potential talks between the United States and Iran, after the two sides exchanged missile strikes over the weekend in a test of a fragile ceasefire aimed at ending their four-month conflict.
Brent crude futures for August delivery, which expire on Tuesday, fell 75 cents, or 1.03%, to $72.40 a barrel.
The more actively traded September Brent contract declined 40 cents, or 0.54%, to $73.51 a barrel.
US West Texas Intermediate (WTI) crude futures slipped 47 cents, or 0.66%, to $70.32 a barrel. (QNA)