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Oil prices climb as US-Iran peace talks stall

Geopolitics & WarEnergy Markets & PricesCommodities & Raw Materials

Oil prices surged after US-Iran peace talks stalled on Sunday, reflecting a sharp geopolitical risk premium in energy markets. President Trump said talks would resume, but Iran said it would not participate, increasing uncertainty around the outlook for regional stability and crude supply.

Analysis

Oil prices surged after US-Iran peace talks stalled on Sunday, reflecting a sharp geopolitical risk premium in energy markets. President Trump said talks would resume, but Iran said it would not participate, increasing uncertainty around the outlook for regional stability and crude supply.

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