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Oil prices drop after Qatar, Bessent raise hopes of a US-Iran deal

Oil prices drop after Qatar, Bessent raise hopes of a US-Iran deal

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Published: August 4, 2026 19:22:09 IST

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By Anushree Mukherjee Aug 4 (Reuters) – Oil prices fell as low as 5% on Tuesday to a three-week low after comments by Qatar and U.S. Treasury Secretary Scott Bessent raised hopes for a diplomatic

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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