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Oil rises after Iran rejects direct talks with US

2026-03-26 08:09:00, Kosova & Bota CNA

Oil rises after Iran rejects direct talks with US

Global oil prices rose in Asia on Thursday after Iran's foreign minister said the country has no intention of negotiating with the United States for now.

On Wednesday, Abbas Araghchi told state media that the exchanges between Tehran and Washington were relayed through friendly countries and did not mean negotiations were taking place.

In response, US President Donald Trump said Iran's leaders are afraid to admit they are in talks.

Brent crude rose 1.6% to $103.85 (77.71 pounds), while West Texas Intermediate crude was 1.4% higher at $91.61./ CNA





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