Categories: Business

Oil prices fall below $100 as US–Iran signal fresh talks amid Hormuz blockade

Oil prices dipped below $100 per barrel as hopes for eased US-Iran dialogue emerged following peace talks in Islamabad. Despite some positive signs, an agreement was not reached, with Iran refusing to abandon nuclear fuel enrichment. The US military extended its blockade of the Strait of Hormuz, prompting threats from Iran, though diplomatic channels remain open.

The News Vista

Leave a Comment
Share
Published by
The News Vista
6 months ago

Recent Posts

Ohio couple spent $30,000 on friend’s home; court revives eviction bid

An Ohio couple who moved into a friend's house in 2020 and spent $30,000 renovating…

1 hour ago

India shelves coal import plan as high global prices, weak rupee raise costs

India has decided not to mandate coal imports for power plants due to high international…

2 hours ago

Cyber unit flags rise in social media fraud using deepfake videos of PM, ministers to promote fake schemes

The National Cybercrime Threat Analytics Unit has identified a rise in financial fraud on social…

2 hours ago

‘Smiles on their faces, spirits unbroken’: Dipke’s first reaction after court extends judicial custody of Das, Ranka

2 hours ago

India probes Pernod Ricard, Diageo over Scotch whisky imports under UK trade pact

Indian tax authorities are examining whether Pernod Ricard and Diageo wrongly classified bulk Scotch whisky…

2 hours ago

Russia ships 20 million barrels of oil to Asia via Arctic route amid shipping disruptions: Report

Russia has nearly shipped 20 million barrels of oil to Asia through the Northern Sea…

2 hours ago