Oil prices have declined. Earlier, there were reports that the mediator proposed a 10-day cease-fire between the US and Iran after the recent escalation of the conflict. Brent crude oil futures fell below $87 per barrel, rising more than $91 before. The report said that the suspension was aimed at finding a way to restart the nearly broken temporary peace agreement between the US and Iran. Earlier, Iran's Ministry of Foreign Affairs stated that it had received suggestions from the mediator on the Iran-US war, but did not specify the details. “Diplomatic channels have been active in recent days, and the ideas of some mediators have been conveyed to the Islamic Republic of Iran,” Iranian Foreign Ministry spokesman Esmail Baghaei said at a press conference.

Oil prices have declined. Earlier, there were reports that the mediator proposed a 10-day cease-fire between the US and Iran after the recent escalation of the conflict. Brent crude oil futures fell below $87 per barrel, rising more than $91 before. The report said that the suspension was aimed at finding a way to restart the nearly broken temporary peace agreement between the US and Iran. Earlier, Iran's Ministry of Foreign Affairs stated that it had received suggestions from the mediator on the Iran-US war, but did not specify the details. “Diplomatic channels have been active in recent days, and the ideas of some mediators have been conveyed to the Islamic Republic of Iran,” Iranian Foreign Ministry spokesman Esmail Baghaei said at a press conference.