Oil Prices Jump as Ukraine-Russia Talks Fail, Reigniting Supply Fears
TL;DR Summary
Oil prices rose nearly 3% after Ukraine-Russia peace talks collapsed, with Brent around $69.15 and WTI near $64.05 as traders weigh sanctions risk and potential Iran supply relief against Hormuz tensions, while Hungary halts diesel shipments to Ukraine and looks at rerouting Russian crude via Croatia through the Druzhba pipeline.
Topics:business#druzhba-pipeline#energy#iran-nuclear-talks#oil-prices#russia-ukraine-conflict#sanctions-on-russia
- Oil Prices Surge 3% After Russia-Ukraine Talks Break Down Crude Oil Prices Today | OilPrice.com
- Oil gains as traders weigh progress in Russia-Ukraine and U.S.-Iran talks CNBC
- Oil Prices Spike as US-Iran War Looks Imminent Yahoo Finance
- Oil Holds Drop as US and Iran Signal Progress in Nuclear Talks Bloomberg.com
- Crude-oil futures rise on U.S.-Iran tensions MarketWatch
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