Oil prices at near three-week high as U.S.-Iran peace hopes fade
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Oil prices at near three-week high as U.S.-Iran peace hopes fade
REUTERS
PUBLISHED 1 HOUR AGO
UPDATED 46 MINUTES AGO
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Oil prices traded slightly higher for a third session on Tuesday as prospects receded for a deal to end the Middle East war, with Iran saying it would adopt a more offensive stance and the U.S. ruling out extending a ceasefire deal, heightening worries about prolonged energy supply disruptions.
Brent crude futures were up 20 US cents, o…
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Aug 18, 2026