BBC News – World · world
Oil jumps above $100 after US-Iran talks end without a deal
3 hours ago
Oil prices surged above $100 a barrel as the US-Iran negotiations ended without a deal on Monday. Brent crude climbed 8.5% to $102.37, while West Texas Intermediate jumped 9% to $105.34, raising fears of a deepening global energy crisis. Former President Trump announced a blockade on ships entering or leaving Iranian ports, set to begin immediately.
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