Oil prices rose due to Iran's refusal to negotiate with the United States
Kyiv • UNN
Iran announced its refusal to negotiate with the United States and put forward demands for the restoration of shipping in the Strait of Hormuz. This caused Brent oil prices to rise to $84.58 per barrel.
World oil prices rose after Iran stated that it was not engaged in negotiations with the United States and submitted a list of demands for restoring operations in the Strait of Hormuz. This was reported by CNN, according to UNN.
Details
It is noted that the price of Brent crude rose by approximately 1.2% to $84.58 per barrel. At the same time, the price of U.S. crude rose by approximately 1.1% to $79.28 per barrel.
Oil futures rose 1.2% on Sunday after Tehran stated that it was not negotiating with the United States and submitted a list of demands for restoring shipping through the Strait of Hormuz
It is indicated that the delay in oil deliveries was exacerbated by the fact that Iran-backed Houthis effectively blocked the Bab el-Mandeb Strait, which connects the Gulf of Aden and the Indian Ocean with the Red Sea.
We remind you
Syria told the United States that it was prepared to sharply reduce imports of Russian oil as part of negotiations to lift key U.S. sanctions.
Brent crude surpassed $82 after Iran's strikes in the Strait of Hormuz07.08.26, 06:58 • 5268 views