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Oil Prices Fall as US, Iran Consider Ceasefire Proposal Framework

Oil prices retreated in choppy trade on Monday, as investors awaited clarity on the status of indirect talks between the U.S. and Iran, wary about sustained supply losses due to shipping disruptions.Brent crude futures were down 0.22% to $108.79 a barrel at 11:49 a.m. CDT (1649 GMT). U.S.
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Energy News for the United States Oil & Gas Industry | EnergyNow.com broke the news in on Monday, April 6, 2026.
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