Oil prices fell on Wednesday after President Donald Trump said US and Iranian representatives had met for “very good” talks at the United Nations.
The US was awaiting Iran’s response to its latest proposed peace deal, after both sides accused the other of triggering an overnight clash.
World oil prices dived Wednesday and stock markets rallied on fresh hopes for an end to the Iran war.
Mercedes-Benz reported a 17% drop in quarterly profit, hit by fierce Chinese competition and growing fears over Middle East supply disruptions.
US and Iranian officials are due this week to hold their first talks since Iran launched a deadly crackdown on protests, in a meeting likely to be crucial in determining…