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Oil prices slid to their \u200blowest in more than a week on Monday on hopes diplomacy in the Iran war will get a chance \u200cthis week amid a UN meet and as investors eyed a partial recovery in shipments from Saudi Arabia despite ongoing attacks by Yemen\u2019s Houthis.<\/strong><\/p>\n Brent crude futures and US West Texas Intermediate crude touched their lowest since September 10 earlier on Monday, with Brent at $101.71 a barrel by 0213 GMT, down $2.16, or \u200b2.08%, after settling 0.91% lower on Friday.<\/p>\n US West Texas Intermediate crude lost $2.15, or 2.14%, to $98.15 a barrel following a 1.58% \u200bdrop in the previous session.<\/p>\n \u201cIt seems that a degree of risk premium is being removed from \u2060oil prices on hopes that a diplomatic path to de-escalate the US-Iran war may arrive this week,\u201d Tim Waterer, chief market analyst \u200bat KCM Trade, said.<\/p>\n \u201cWhether that hope proves to be warranted or not is another question. Time will tell.\u201d<\/p>\n The WTI broke a key \u200bpsychological support at $100 a barrel while some investors may have rolled over their positions in the October contract a day ahead of expiry to November, a Singapore-based broker said.<\/p>\n Iran and the US exchanged new threats on Sunday amid the stalemate, although President Donald Trump said he would be open to meeting Iranian \u200bPresident Masoud Pezeshkian, who is expected to be in New York this week for the United Nations General Assembly.<\/p>\n Iran has conveyed its conditions \u200bto mediators for re-engaging in negotiations aimed at ending the war with the US, Al Jazeera cited Iran\u2019s security chief, Mohsen Rezaei, as saying in \u200can interview \u2060on Saturday.<\/p>\n