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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Summary by Glance · Original reporting by BBC News – World

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