Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › World News › Oil Prices Rise on Possible Deal to Suspend Attacks in Gulf
World News

Oil Prices Rise on Possible Deal to Suspend Attacks in Gulf

Oil Prices Rise on Possible Deal to Suspend Attacks in Gulf
New York Times Monday 29 June 2026, 08:28 UTC By The New York Times 1 min read
Key Points

Oil prices edged higher after an American official said the U.S. and Iran had agreed to halt attacks in a key shipping lane, raising hopes that hostilities would not escalate.

Oil prices edged higher after an American official said the U.S. and Iran had agreed to halt attacks in a key shipping lane, raising hopes that hostilities would not escalate. [Image text:] - RIC ROCRETS LOUR 11 700 STE101 20104 01b4.79 29438
Gulf Oil (LOCATION) American (ORG) U.S. (LOCATION) Iran (LOCATION)
Originally published by New York Times Read original →

Related Stories

As nation turns 250, many Americans say the Stars and Stripes is now a red flag

To fly or not to fly an American flag? That was never a question for Bruce Watson, who has put his national pride on display for years — and nudges neighbors in his small New England town to do the same. “I’m very proud of our flag,” the writer said.

NBC News 5m ago

Head coach Malan leaves Ireland after India win

Heinrich Malan has stood down as head coach of Ireland's cricket team, less than 24 hours after the historic Twenty20 series win over world champions India.

BBC Sport 17m ago

US and Iran Agree to Halt Attacks Ahead of Talks (Video)

Bloomberg Markets 19m ago

Iran to receive $6bn in frozen assets as US peace talks get back on track, president claims

Iran to receive $6bn in frozen assets as peace talks get back on track, president claims Iranian President Masoud Pezeshkian has said six billion dollars (£4.54 billion) in frozen Iranian assets will be released by Qatar as talks with the US were challenged by attacks across in and around the Strait of Hormuz Iran's president Masoud Pezeshkian has said six billion dollars (£4.54 billion) in frozen Iranian assets will be released by Qatar. It comes after talks between Iran and the US were...

Daily Mirror 21m ago