Islamabad: Oil prices fell slightly at the start of the trading week in East Asia.
In Asian markets this morning, Brent crude traded at $97.69 per barrel.
US President Donald Trump recently said in an interview with American broadcaster CBS that he does not want to escalate tensions with Iran.
Trump’s remarks could keep oil prices on a downward trend through the day.
However, reports of at least three maritime incidents involving commercial vessels and oil tankers in the Persian Gulf and the Strait of Hormuz could revive concerns in energy markets.