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Oil Prices Rise as U.S.-Iran Talks Face Fresh Hurdles
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- Published
- Sep 28, 2026, 9:20 AM UTC
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Uncertainty surrounding U.S.-Iran negotiations to end the conflict kept international oil prices rising for a second straight day. Bloomberg reported
Oil prices climbed further on Tuesday as uncertainty over US-Iran talks fuelled inflation fears. Government bond yields rose to multi-year highs, putting pressure on stocks.
Crude oil climbed more than 4% to above $96 a barrel on Monday, recovering from a 2.3% decline in the previous session as uncertainty surrounding US-Iran diplomacy kept supply risks elevated.Tehran continues to support a proposal that US President Donald Trump has rejected, calling for the lifting…