Oil Prices Surge: Brent Climbs to Around $106 amid US-Iran Uncertainty

Global oil prices have risen sharply amid uncertainty and a lack of signs of progress in talks between the United States and Iran. According to a report by NDTV Profit, the price of Brent crude surged nearly 3% to reach $106 per barrel.

Meanwhile, Investing.com reported that oil extended its gains due to the stalemate in truce negotiations. Geopolitical uncertainty surrounding relations between Washington and Tehran continues to weigh on global energy markets, and further details regarding the talks have not yet been released.