Categories: Business

Oil prices continue to boil as US–Iran ceasefire hangs on ‘life support’

Middle East conflict jitters are pushing oil prices higher, with Brent crude and WTI futures seeing gains. Ceasefire talks with Iran are reportedly “on life support” following Tehran’s response to a US proposal, which included broader regional demands. The Strait of Hormuz, a vital oil passage, remains a key flashpoint, with Iran asserting control, raising concerns about global energy supplies.

The News Vista

Share
Published by
The News Vista

Recent Posts

Texas family sells 650-acre lakeside ranch for over $10m for new state park

The Texas Parks and Wildlife Foundation has acquired a family-run ranch in East Texas for…

59 minutes ago

Subway co-founder’s relative bought $6.75m warehouse; plans $1.8m revamp

A member of the Buck family has purchased a Danbury warehouse previously owned by the…

1 hour ago

Why are uninsured vehicles not part of crash relief scheme? Supreme Court

Taking note that “Compensation to Victims (Interim Relief) Scheme, 2026” has not been notified or…

1 hour ago

Rosatom completes supply of engineered safety features actuation systems for Kudankulam N-plant units 3 and 4

In total, about 300 items of equipment were manufactured and delivered to the plant –…

1 hour ago

New norms for DL: Driving tutorial pass mark may rise to 75%, select licence services to be free

Under the proposal, the safe-driving tutorial would have to last at least 30 minutes. The…

2 hours ago

Cincinnati’s vacant 1948 hotel faces new redevelopment hurdle over tax value

Cincinnati's iconic Terrace Plaza Hotel has stood vacant since 2008, currently tied up in redevelopment…

2 hours ago