US-Iran negotiations in Switzerland have ended, oil prices have risen
Kyiv • UNN
Negotiations between the US and Iranian delegations in Switzerland have concluded. Oil prices rose after Trump's statement about the possible resumption of bombings and the seizure of the Strait of Hormuz.
Negotiations between the US and Iranian delegations in Switzerland have concluded. This was reported by CNN, citing Iranian Foreign Ministry spokesman Esmaeil Baghaei, UNN reports.
Details
According to him, technical groups will continue their work on Monday.
Meanwhile, according to the publication, oil prices rose after US President Donald Trump stated that Washington could resume bombing and "seize" the Strait of Hormuz.
The price of Brent crude oil rose by 1.35% to $81.66 per barrel, and the price of US oil rose by 2.4% to $77.66 per barrel
Columbia University expert Karen Young suggests that if US-Iranian negotiations are successful and shipping in the Strait of Hormuz returns to pre-war levels, oil could "flood" the markets.
Recall
Negotiations between the US and Iran in Bürgenstock reached a dead end after Trump's threats. However, the parties continue informal contacts to restore dialogue.