The Guardian Australia – Business ·business ·2 hours ago

Oil at three-week high as US-Iran peace talks stall – business live

Oil prices reached a three-week high on Monday as stalled US-Iran peace talks raised concerns over Middle East crude supplies. Brent crude rose nearly 2% to $107.97 a barrel following President Trump's cancellation of ceasefire envoy plans, emphasizing his stance that Iran should initiate further discussions. Market analysts predict a potential deal despite ongoing tensions.

Summary by Glance · The Guardian Australia – Business

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