Oil prices fall below $100 a barrel on hopes of Iran peace deal (opens in new tab)

Brent crude futures down 6% to lowest level in two weeks and stock markets riseOil prices fell below $100 a barrel on Monday and stock markets rose on hopes that the US and Iran are .Brent crude futures, the global oil benchmark, were down 6% to $97.28 a barrel, the lowest level in two weeks, with hopes that an agreement to end the near three-month US-Israeli war on Iran can be struck.