Oil prices fall below $80 as USA-Iran talks ease supply concerns

By Boluwatife Oshadiya | August 5, 2026 Key Points Main Story Global oil prices extended losses on Wednesday, with Brent crude slipping below the $80-per-barrel mark as investors responded to renewed diplomatic engagement between the United States and Iran and easing concerns over potential supply disruptions in the Middle East. International benchmark Brent crude futures … Continue reading Oil prices fall below $80 as USA-Iran talks ease supply concerns