https://www.live-feeds.com/feed/oil-falls-4-after-us-iran-talks-signal-easing-supply-risksContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-falls-4-after-us-iran-talks-signal-easing-supply-riskshttps://www.live-feeds.com/feed/oil-falls-4-after-us-iran-talks-signal-easing-supply-risks#u12745Thu, 25 Jun 2026 11:02:36 +0000Oil prices fell 4% on Monday following statements from Vice President JD Vance regarding progress in talks with Iran. The decline follows confirmation that the Strait of Hormuz is open. Brent crude settled at $77.90 a barrel, down 3.31 per cent.What's confirmed:Oil prices fell 4% on Monday.Vice President JD Vance stated progress has been made in talks with Iran and the Strait of Hormuz was open.Brent crude settled at $77.90 a barrel, a decrease of $2.67 or 3.31 per cent.The United Arab Emirates, Kuwait, and Iraq offered more oil to customers last week.Still unconfirmed:Over 25 million barrels