OIL PRICES FALL AMID PAUSE IN US STRIKES ON IRAN TO GIVE 'SPACE' FOR DIPLOMACY

Oil prices fell on Monday amid a pause in strikes between the US and Iran, boosting hopes for a return to a ceasefire and new talks on reopening the Strait of Hormuz. The United States held fire over the weekend after 13 days of attacks on Iran, with Washington's UN envoy saying the US was "giving talks some space".

France 24 - International breaki reports that oil prices fell on Monday amid a pause in strikes between the US and Iran, boosting hopes for a return to a ceasefire and new talks on reopening the Strait of Hormuz.

The report adds: The United States held fire over the weekend after 13 days of attacks on Iran, with Washington's UN envoy saying the US was "giving talks some space".

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