Oil prices rose nearly 3% on Monday as US-Iran peace talks stalled and global supply concerns deepened. Brent crude climbed to $108.36 per barrel, reaching a three-week high. The increase reflects tightening supply conditions and geopolitical uncertainty. West Texas Intermediate also gained, rising to $96.85 per barrel as market sentiment strengthened. Both benchmarks recorded significant […]
US Iran tensions oil
Oil prices slide as Iran risk eases
Crude oil prices edged lower on Friday and looked set for a second straight weekly decline as concerns about a possible US‑Iran conflict eased. The slide matters for global energy markets and traders who had priced geopolitical risk into crude prices. Brent and US benchmarks both reflected weakening risk premiums amid mixed supply and demand […]