# Oil prices drop on hopes of more talks between US and Iran | Reuters

> Brent settled at $94.79 a barrel, down $4.57 or 4.6%, and WTI finished at $91.20, down 7.87%, on Tuesday. Prices fell on hopes Iran would resume talks with the US.

- Date: 2026-04-13 · published 2026-04-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/8813-oil-prices-drop-on-hopes-of-more-talks-between-us-and-iran-reuters
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Hopes for renewed talks reduce the war risk premium in crude, lowering energy costs. Price moves are routine commentary on expectations rather than a new supply change.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/business/energy/us-crude-futures-fall-over-1-traders-weigh-supply-risks-2026-04-13/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.