Brent, WTI crude prices retreat after reaching decade-level highs

Rumours of a deal with Iran wipe out early morning price gains

Bumpy markets: The ongoing war in Ukraine sent Brent and West Texas Intermediate crude prices to levels not seen in a decade or more Thursday, but prices retreated on news of a potential deal with Iran — Bumpy markets: The ongoing war in Ukraine sent Brent and West Texas Intermediate crude prices to levels not seen in a decade or more Thursday, but prices retreated on news of a potential deal with IranPhoto: AFP

Mark Passwaters

Houston

USA Russia Saudi Arabia Iran Ukraine Crisis

Published 3 March 2022, 19:31Updated 3 March 2022, 19:32