New rise in oil prices after planned US-Iran peace talks in Pakistan fail

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New rise in oil prices after planned US-Iran peace talks in Pakistan fail
Photo: Jacob Ford/Odessa American via AP/TT

U.S. WTI crude is up about 2.0 percent and is trading just under $97 per barrel, CNBC reports. North Sea oil is also up more than 2.0 percent to almost $108 per barrel.

Oil prices peaked earlier in April and March, when they were above $100 per barrel on several occasions. Before the U.S. and Israel attacked Iran in late February, oil was around $70 per barrel.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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