Oil prices rise above $110 amid doubts about diplomatic progress between the US and Iran
World1 source1 country🔦 Under-reported8m ago
The price of Brent crude oil for December delivery rose by more than 1% on Wednesday, surpassing the 110-dollar mark. The increase occurred despite recent reports suggesting a potential diplomatic rapprochement between the United States and Iran.
Market participants continue to monitor the evolving relationship between Washington and Tehran, as potential developments in their negotiations remain a key factor influencing global energy pricing.