Oil Prices Soar as US-Iran Talks Stall
Oil prices have risen as tensions between the US and Iran continue to escalate.
The US is not making progress in its talks with Iran, which has led to increased uncertainty in the global energy market.
As a result, oil prices have surged to their highest level in over two years, with Brent crude up 2.5% at $66.35 per barrel and WTI crude up 3.1% at $58.45 per barrel.