Oil Prices Rise Amid Uncertainty Over Iranian Peace Deal
Global oil prices are rising, and stock markets are wavering, as new US strikes in the Middle East dampen hopes for an Iranian peace deal. This development is increasing uncertainty around the region's stability.
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U.S. oil prices decline as hopes grow for a peace deal arriving soon
The West Texas Intermediate’s July contract declined on Tuesday after President Donald Trump said negotiations with Iran were “proceeding nicely.”
By Nora Redmond
Read full article →Oil prices return to 100 dollars a barrel as hopes of Iran peace talks wane
It was nonetheless a mixed morning for the financial markets with UK stocks climbing higher and government borrowing costs falling.
By Anna Wise
Read full article →Oil rises, stocks waver as new US strikes dampen peace deal hopes
Developments sent Brent futures rising more than 2% in Asian trade to $98.21 a barrel
By Reuters
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