Oil Prices Remain High Above $115 Despite Iran Diplomacy Efforts

Global oil prices saw a slight decrease but remain near six-month highs, with Brent crude above $115 per barrel. Diplomatic efforts between Iran, the US, and Israel have eased some concerns, but ongoing attacks on Saudi Arabia and vessels in the Strait of Hormuz threaten supply disruptions. Talks in Tehran aim to strengthen peace and security cooperation.

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