Oil prices drop more than $1 as hopes for Iran, Ukraine peace talks pressure markets
By Yuka Obayashi TOKYO, Nov 12 (Reuters) - Oil prices dropped more than $1 on Thursday as hopes for progress in peace talks over the Middle East and the Russia-Ukraine wars pressured the market. Brent futures lost $1.14, or 1.2%, to $91.62 a barrel by 0141 GMT.