Oil prices were sharply higher on Monday, recovering part of last week’s losses from a six-week low, amid uncertainty over the outlook for a peace deal to end the war in Iran.Brent crude futures for August delivery jumped 3.3 percent to $94.15 a barrel while WTI crude futures for July delivery were up over 4 percent at $90.89.Investors reassessed expectations for a breakthrough in U.S.-Iran negoti…
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Oil Resumes Upward Trend Amid Iran Deal Uncertainty
2026-06-01 09:24:52
