US Edition
Brent Futures Retreat on Iran Ceasefire Extension After Brief Climb Above $100
Brent crude briefly topped $100 a barrel as traders weighed a U.S. blockade on the Strait of Hormuz and stalled talks with Iran.
8 Articles
8 Articles
Oil prices reduced its profits on Tuesday after it had briefly risen above $100 per barrel, following the announcement by U.S. President Donald Trump that it would extend a ceasefire with Iran until Tehran presented a proposal.Brent crude futures showed volatility, closing with a rise of about 3% on Tuesday and then rising further, to a maximum session of $100.69, following reports that U.S. Vice President JD Vance had cancelled his trip to Isla…
Pakistan's Prime Minister, Shehbaz Sharif, thanked US President Donald Trump for accepting the country's new request to extend the cease-fire in the war against Iran, allowing ongoing diplomatic efforts to continue. I sincerely hope that both sides will continue to observe the cease-fire and will be able to conclude a comprehensive ‘Peace Agreement' during the second round of negotiations scheduled for Islamabad, aiming at the permanent end of t…
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