Brent prices rose on Tuesday but stayed below $100/bbl, a sign that traders are increasingly optimistic a peace deal is within reach.

Brent crude oil price retreated on Hyperliquid as the US and Iran moved closer to extending the ceasefire by 60 days.

Global oil prices fell sharply as uncertainty surrounding a potential agreement between Washington and Tehran heightened concerns about the economic impact of continued…

Analysts urge caution as US and Iran remain divided on key issues

Brent crude futures down 5.5% to lowest level in two weeks and stock markets rise