Oil prices gained more than 1 percent on Thursday, paring previous losses as investors monitored peace talks between the United States and Iran, while supply tightness and US inventory drawdowns provided some support.

A social media post from Trump saying he had paused a planned attack against Iran sent Brent crude down 1.3% to $110 a barrel, but the price is still around 80% higher than it was…

Brent crude oil prices fall to $105 per barrel as US-Iran peace talks show progress, but analysts remain cautious about future supply disruptions.

Crude oil futures rise slightly amid uncertainty over US-Iran peace talks, with Brent at $105.79 and WTI at $99.11.

Brent crude futures rose $1.27, or 1.21 percent, to $106.29 a barrel

Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some…