Oil Holds Biggest Gain in a Month on Standoff in US-Iran Talks
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Article Excerpt
2oxx}d7bba8k543pjy865z0v_media_dl_1.png Bloomberg reporting, Institute f Article content (Bloomberg) — Oil steadied after its biggest gain in about a month, as uncertainty about the state of US-Iran peace talks raised the risk that energy flows from the Persian Gulf could be curtailed for longer. Article content Brent for August delivery traded near $95 a barrel after adding 4.2% in the previous session, while West Texas Intermediate was near $92 a barrel. Prices surged Monday on a report that Tehran was halting talks with Washington in protest against Israel’s attacks in Lebanon, before parin…
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Jun 2, 2026