Oil prices took a dive into the red on Monday morning, reversing an earlier sharp rally, after a report of a 10-day cease-fire proposal between the U. S. and Iran sparked a sharp decline in energy prices despite a fresh barrage of strikes in the Middle East over the weekend.
Source: [MarketWatch](https://www.marketwatch.com/story/oil-prices-surge-stock-futures-dip-as-fighting-between-u-s-and-iran-intensifies-6fb37c79?mod=mw_rss_topstories)