Oil Prices Drop As Hopes Rise For US-Iran Peace Deal

by Stefan J. Bos, Worthy News Chief International CorrespondentWASHINGTON/TEHRAN (Worthy News) – Oil prices fell to their lowest levels in two weeks Monday amid growing optimism that the United States and Iran were moving closer toward a potential peace agreement despite ongoing disputes over key issues, including restrictions affecting the strategic Strait of Hormuz.Brent crude futures dropped $4.71, or 4.55 percent, to $98.83 a barrel, while U.S. West Texas Intermediate crude fell $4.57,