Brent crude climbs above $111 a barrel as fears grow that US-Iran negotiations may collapse before President Trump’s Wednesday deadline, threatening further disruption to global energy supplies. Read more: Oil price surges past $111 as Strait of Hormuz deadline looms
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Global financial markets have been rattled by the conflict, with both the emerging market equities and currency indexes falling to three-week lows The post Brent crude tops $85 for first time since 2024 appeared first on Gulf Business.
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The US and Iran held indirect talks in Geneva on Thursday after President Donald Trump ordered a military build-up in the region The post Oil prices rise as US and Iran extend talks into next week appeared first on Gulf Business.
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