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A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo

Event Overview

Oil climbs nearly 2% as US-Iran peace talks stall

Updated 6 days ago
Reuters
CNN
2 articles•2 sources
Summary

target="_blank">Oil climbs nearly 2% as Iran peace talks stall    Reuters This cluster currently includes 2 articles from 2 sources.

What This Means

This cluster currently includes 2 articles from 2 sources. Sources in this event include Reuters, CNN.

Source Coverage

Left / left-center

1

Center

1

Right / right-center

0

Reuters

Reuters

9/10
Center

Factual: very-high · Credibility: high

CNN

CNN

7/10
Left

Factual: mostly-factual · Credibility: medium

Original Reporting (2)
A drone view of a pump jack and drilling rig south of Midland, Texas, U.S. June 11, 2025. REUTERS/Eli Hartman/File Photo
Reuters
Reuters
Center
4/26/2026

Oil climbs nearly 2% as US-Iran peace talks stall

Oil prices extended gains on Monday, rising nearly ‌2% as peace talks between the U.S. and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.

Oil prices increase after Iran doubles down on Strait of Hormuz closure, accuses US of undermining trust | CNN Business
CNN
CNN
Left
4/26/2026

Oil prices increase after Iran doubles down on Strait of Hormuz closure, accuses US of undermining trust

Oil prices rose Sunday after an Iranian official warned that the Strait of Hormuz will “under no circumstances” return to its previous state. Brent crude, the international benchmark, was up about 2.14% to $107.58. US crude was up 2.08% to $96.36. Iran’s president Masoud Pezeshkian told Pakistani Prime Min ister.