Oil prices fell on Thursday after Washington and Tehran agreed to hold talks in Oman on Friday, even as differences persist over the scope of the discussions.

Trump threatens Iran with military action while pursuing diplomatic talks. Recent drone shootdowns escalate tensions as diplomatic summit approaches.

“He’s in a situation where he needs to do something,” Brit Hume said.

Oil prices fell on Thursday after the U.S. and Iran agreed to hold talks in Oman on Friday, easing concerns of a potential military conflict between them.

The U.S. military has bolstered its presence across the Middle East amid escalating tensions with Iran, as nuclear talks were thrown into uncertainty Wednesday before being moved to Oman. U.S. and Iranian officials had been expected to meet Friday in Istanbul, with several Middle Eastern countries participating as observers.

President Donald Trump says and Chinese President Xi Jinping discussed the situation in Iran in a wide-ranging call that comes as the U.S. administration pushes Beijing and others to isolate Tehran

MILAN (AP) — The IOC elected its first female member from Iran on Wednesday, who became its current youngest representative and opened the Olympic body to scrutiny over the country's record on women in sports.

Iran requested to move talks from Turkey, Secretary of State Rubio confirms. Rubio laid out what topics needed to be discussed for a "meaningful" result.