Brent Crude Falls 4% to $96.71 as US-Iran Talks Advance

Brent crude fell 4% intraday to $96.71 a barrel as US-Iran talks entered a technical consultation phase, marking a sharp move in an energy market watched for geopolitical risk.

The decline came as the negotiations advanced beyond their initial stage.

For U.S. crypto and markets readers, the move highlights how diplomatic developments involving major oil producers can quickly affect broader risk signals.