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Oil Holds Two-Day Gain on Discordant US-Iran Peace Talk Reports

Oil Holds Two-Day Gain on Discordant US-Iran Peace Talk Reports
Bloomberg Markets Tuesday 02 June 2026, 22:01 UTC By Charlie Zhu, Sarah Chen 1 min read
Key Points

Storage tanks for transport fuels and petroleum products at the Navigator Thames oil depot terminal on the outskirts of London, UK, on Monday, March 23, 2026. Brent crude plunged from $112 a barrel to as low as about $96 a barrel as US President Donald Trump signaled negotiations were underway even as Iran denied the talks.

Storage tanks for transport fuels and petroleum products at the Navigator Thames oil depot terminal on the outskirts of London, UK, on Monday, March 23, 2026. Brent crude plunged from $112 a barrel to as low as about $96 a barrel as US President Donald Trump signaled negotiations were underway even as Iran denied the talks.
Navigator Thames (ORG) London (LOCATION) UK (LOCATION) Brent (PERSON) US (LOCATION) Donald Trump (PERSON) Iran (LOCATION)
Originally published by Bloomberg Markets Read original →

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