Iran nuclear talks collapse, pushing oil prices toward $100 as U.S. deploys military assets to the Middle East

economictimes.indiatimes.com

Oil prices surged to over $71 as Iran nuclear talks collapsed, increasing fears of a U.S.-Iran conflict. The U.S. deployed military assets to the Middle East amid the breakdown in Geneva. Analysts warn of prices reaching $100 if the Strait of Hormuz is disrupted. The situation carries significant economic implications, with potential impacts on gasoline prices and global energy markets.


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