Oil rises over two dollars amid US-Iran talks stalled
Oil prices rose by more than two dollars per barrel today, Wednesday, amid diminished hopes for diplomatic progress between the United States and Iran, as well as a decline in U.S. oil and product inventories. Brent crude increased by $2.06 to reach $110.85 per barrel, while West Texas Intermediate (WTI) climbed by $2.13 to $99.95, amid ongoing tensions and decreasing prospects for understanding between Washington and Tehran.
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