Business

Oil Prices Surge Past $100 as US-Iran Talks Collapse

BBC Business

Oil prices have surged past $100 a barrel after US-Iran talks collapse, prompting fears of a deepening global energy crisis. Discover the implications.

Oil prices soared over $100 following US-Iran talks failure.

Brent crude jumped 8.5% to $102.37 amid geopolitical tensions.

Former President Trump announced blockade of Iranian ports.

Market analysts warn of potential further price increases.

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