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Oil Prices Rise on Possible Deal to Suspend Attacks in Gulf

Oil Prices Rise on Possible Deal to Suspend Attacks in Gulf
NYT Business 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 NYT Business Read original →

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