Oil prices drop to four-month low
The US and Iran concluded two days of indirect talks in Doha without making progress toward a lasting peace.
The discussions focused on the Strait of Hormuz shipping and the unfreezing of Iranian funds.
Oil prices have dropped to a four-month low following comments from Trump downplaying the risk of renewed conflict.
The unresolved status of the Strait of Hormuz remains a key factor for freight and energy markets.