Oil Prices Rise as US-Iran Talks Stall and Fuel Market Tighten

UNITED STATES – Oil prices rose by roughly USD 1 per barrel as stalled US-Iran peace negotiations and tighter fuel markets raised fears about energy supplies. Brent crude finished at USD 103.50 per barrel, while WTI increased to USD 90.42 per barrel, maintaining crude prices high amid ongoing uncertainty about Middle Eastern supply flows. 

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(Source: The Star)

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