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بوابة الوسط
Oil prices climb amid Iran-US talks delays
Oil prices rose today, Monday, following a decline in hopes of making progress in the peace talks between the United States and Iran, and amid increasing geopolitical concerns in the markets. Brent crude increased by about 1%, reaching approximately $89.20 per barrel, while West Texas Intermediate rose to $82.83. These gains came after a week that saw over 5% increases due to attacks on oil tankers in the Strait of Hormuz and a Saudi refinery, amid dwindling expectations of resuming negotiations between Washington and Tehran, and an increased risk premium in the market.
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