Oil Prices Soar as Iran Nuclear Deal Remains Elusive
Oil prices could surge above $100 per barrel in the coming weeks as tensions between Iran and other nations remain high, according to an analyst.
The current standoff over Iran's nuclear program has led to a significant increase in oil prices, which have already risen by more than 10% this year.
'Iran deal remains elusive,' said no specific person in the source, implying that a resolution is unlikely in the near future. This could lead to further price increases as global demand for oil continues to rise.