September 28, 2026
Business

Oil prices gain as investors doubt breakthrough in US-Iran peace talks(Soban News)

Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some narrowing of gaps, a deal remains elusive. Oil futures experienced an increase. The market is still set for a weekly decline. Full oil flows through the Strait of Hormuz may not resume until 2027.

​Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some narrowing of gaps, a deal remains elusive. Oil futures experienced an increase. The market is still set for a weekly decline. Full oil flows through the Strait of Hormuz may not resume until 2027. by Soban News (international And National News)

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