Oil prices fall on reports Iran wants to end hostilities with Israel
The run-up in crude futures paused on Monday, with prices falling more than 4% on reports that Iran wants to end hostilities with Israel and resume nuclear talks. U.S. crude oil was down $1.93, or 2.64%, to $71.05 per barrel by 11:51 a.m. E T., while global benchmark Brent fell $1.99, or 2.68%, to $72.24….
