Oil Prices Slip; Brent Set for Worst Month Since 2020

AI Summary

Oil prices have declined as the market awaits details on a U.S.-Iran deal. Brent crude is on track for its worst monthly performance since 2020, impacted by geopolitical factors. Traders are closely monitoring the situation, which could affect future supply dynamics. The volatility in oil prices is significant for markets, particularly for energy-related stocks.