Crude oil prices approached $95 on August 21 as hopes for an Iran peace deal diminished, with geopolitical uncertainties driving market volatility, experts warn.

Oil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent rose 2.39% to $93.81, while WTI gained…

Oil prices are maintaining their momentum, showing potential for a second consecutive week of gains. The escalating tensions between the US and Iran are creating disruptions in…