Oil prices today: Crude falls as upcoming US-Iran talks offsets supply disruption fears
Oil prices dipped Tuesday, reversing Monday's surge, as hopes for US-Iran peace talks eased supply disruption fears.
Despite Iran's Strait of Hormuz closure and vessel seizure, investors are watching potential ceasefire extensions.
However, Tehran's participation remains uncertain, with supply risks persisting and analysts warning of significant price hikes if talks falter.
Iran ceasefire nears expiration
- ‘Highly unlikely’ Iran ceasefire will be extended if no deal reached, Trump says Financial Times —
- Vance to visit Pak for second round of peace talks as ceasefire deadline nears: Report Times Of India —
- Middle East war live: US, Iran warn ready for war as talks in limbo France 24 —
- Trump, Iran and the Strait of Hormuz: here’s what happened overnight South China Morning Post —
- Mixed signals from Trump on state of talks with Iran CBS News —