Oil Falls, Caught Between Iran Talks and Ukraine Crisis

Oil Falls, Caught Between Iran Talks and Ukraine Crisis
An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, on Oct. 6, 2017. Christian Hartmann/Reuters
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LONDON—Oil prices fell on Thursday as talks to resurrect a nuclear deal with Iran entered their final stages, but losses were capped by heightened tensions between top energy exporter Russia and the West over Ukraine.

Brent crude traded down $1.26, or 1.3 percent, at $93.55 a barrel by 0914 GMT. U.S. West Texas Intermediate (WTI) crude was down $1.34, or 1.4 percent, at $92.32.