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Oil Prices Surge as Iran–US Peace Talks Stall and Strait of Hormuz Tensions Disrupt Energy Markets
Global oil prices have climbed following renewed delays in planned second-round peace negotiations between the United States and Iran, as geopolitical tensions continue to strain global energy markets and raise concerns over supply disruptions. Benchmark crude, Brent, increased by almost 2% to $107.26 (£79.25) per barrel, while US West Texas Intermediate (WTI) rose by around 1% to $95.40. The price movement comes after US President Donald Trump stated on Saturday that Washing
21 hours ago3 min read
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