Brent falls as Iran's president discusses mediation with CDF Munir
Brent crude futures settle down at $108.79 after reaching a five-month high of $111.99 earlier in the session
Oil prices settled down after touching a five-month high on Tuesday as traders weighed a meeting between the Iranian President Masoud Pezeshkian and Chief of Defence Forces (CDF) and Chief of Army Staff Field Marshal Asim Munir, a key US-Iran mediator, against continued Houthi attacks on Saudi infrastructure and reports of vessel attacks in the Gulf. Brent crude futures settled down 76 cents, or 0.69%, at $108.79....