Urgent.News

600+ sources. One page. See who else covered it.

Editions

More in Finance & Markets

Oil Prices Head for 4% Weekly Gain as U.S.-Iran Deadlock Drags On

Crude oil prices were on course to add 4% this week, as the United States and Iran indicated they are no closer to a peace deal than they were at the start of the war.

  • U.S.-Iran deadlock causes 4% weekly rise in oil prices
  • Brent crude at $87.12 per barrel, WTI at $81.36
  • Reduced tanker traffic and U.S. naval blockade pressure prices