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Oil prices fluctuate as status of talks remains unclear

2026-04-22 07:15:00, Kosova & Bota CNA

Oil prices fluctuate as status of talks remains unclear

Global oil prices fluctuated in early Asian trading on Wednesday as the status of peace talks between the US and Iran remains unclear.

On Tuesday, US President Donald Trump said he would extend a ceasefire with Iran until talks between the two countries have progressed. He added that the US would continue to block Iranian ports until Tehran presents a unified proposal.

Brent crude fell 0.2% to $98.32 (£72.73) a barrel, while West Texas Intermediate crude fell 0.3% to $89.41.

Energy markets have been volatile since the US and Israel attacked Iran on February 28 and Tehran responded with threats to target ships in the key Strait of Hormuz./ CNA, translated by BBC





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