Oil Price Don Drop As US And Iran Ceasefire Raise Hope For Peace

By: Esther Daniel

Oil prices don fall on Monday after fresh hope emerge say ceasefire between United States and Iran fit hold, as both countries show signs say dem fit return to peace talks.

Di United States no launch any fresh attack over di weekend, while one top US official tok say Presido Donald Trump dey give negotiations chance to continue.

Iran also announce say e go stop retaliatory attacks against neighbouring countries, bringing small relief to Gulf shipping operations and di oil industry.

Di two countries resume fighting earlier dis month after attacks around di Strait of Hormuz and Bab al-Mandeb Strait disrupt important global oil shipping routes and affect energy supply.