Ammon News - Oil prices eased on Wednesday after U.S. President Donald Trump ​again asserted the war with Iran will end "very quickly", though investors remain wary about the outcome of peace talks ‌amid continued disruptions to Middle East supply from the conflict.

Brent crude oil futures fell 88 cents, or 0.8%, to $110.40 a barrel by 0410 GMT, while U.S. West Texas Intermediate futures were down 67 cents, or 0.6%, to $103.48.

Both ⁠benchmarks fell nearly $1 on Tuesday after U.S. Vice President JD Vance said the U.S. and Iran had made progress in talks, with ​neither side wanting to see a resumption of military action.

Reuters