Brent Crude Sheds $16 in Eight Days as Trump Revives Iran Talks

Africa · Western Key Facts —Price drop. Brent crude fell more than $16 in eight trading sessions, retreating from around $100 to $83.86 per barrel. —Trigger. President Donald Trump revived peace talks with Iran and called off a threatened large-scale military strike. —Strait of Hormuz. The talks centre on reopening the world’s most critical oil…