OilPrices

Ceasefire Efforts Collapse as Iran Rejects Talks: Report

Efforts to broker a ceasefire between the United States and Iran have collapsed, as Tehran rejected direct engagement with Washington and regional mediation initiatives stalled, signaling a deepening deadlock as the war enters its sixth week. According to The Times of Israel, Iran has informed mediators it will not participate in proposed talks ...

Oil Prices Climb as Fresh Strikes Target Infrastructure

Oil prices surged Tuesday as Iran launched fresh attacks on crude-producing neighbors, while several countries pushed back against U.S. President Donald Trump's demand to help secure the crucial Strait of Hormuz. Prices rebounded from the previous day's sharp losses, which came after the head of the International Energy Agency said more ...