Oil down as market awaits Iran news

Oil prices tumbled on Monday as Iran and six world powers closed in on a final nuclear deal that would end sanctions on the Islamic Republic and let more Iranian oil on to world markets, Reuters reported.

Talks go on: US Secretary of State John Kerry (left) and Iranian Foreign Minister Javad Zarif
Talks go on: US Secretary of State John Kerry (left) and Iranian Foreign Minister Javad Zarif
Published 13 July 2015, 08:06Updated 17 October 2016, 12:28
Middle EastNorth Africa