Oil Prices Drop After Qatar, U.S. Raise Iran Deal Hopes; GOP Senators to Advance Blanche Nomination

Oil prices fell as low as 5% on Tuesday to a three-week low after comments by Qatar and U.S. Treasury Secretary Scott Bessent raised hopes for a diplomatic resolution to the Middle East conflict, which would improve oil flows through the Strait of Hormuz. Senate Republicans are expected to advance acting Attorney General Todd B...