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Oil prices rise as US-Iran peace talks stall

Oil prices rise as US-Iran peace talks stall

President Trump said on Saturday that the US had cancelled plans to send a team to Pakistan for negotiations.

April 27, 2026 at 01:16 AM Original source
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Notable Quotes

""Our focus included ways to ensure safe transit that is to benefit all dear neighbors and the world.""

— Seyed Abbas Araghchi , Politician

""I think traders want concrete evidence rather than just a fragile and reversible ceasefire agreement.""

— Goh Jing Rong , Academic

""I think we're underestimating the extent of which products could be affected by the oil shortage.""

— Sophie Huynh , Executive

""Nobody knows who is in charge, including them.""

— Donald Trump , Politician

"The Strait is still very much under siege, with traffic halted."

— Mona Yacoubian , Activist

"Consolidation above US$100 is the area that we’re heading towards."

— Robert Yawger , Executive

All Coverage

Oil prices rise as US-Iran peace talks stall
BBC Newsvia rss 4 quotes 4 persons

President Trump said on Saturday that the US had cancelled plans to send a team to Pakistan for negotiations.

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Oil prices rise to over US$107 as US-Iran peace talks stall
The Straits Timesvia ai 2 quotes 2 persons

Oil prices extended gains on April 27, rising 2% as peace talks between the United States and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.

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