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Oil Prices Jump: Brent Crude Surges Nearly 3% To $106 Per Barrel Amid US-Iran Truce Talk Uncertainty

The prices had cooled off briefly after US envoy Steve Witkoff and Iranian foreign minister Abbas Araghchi held talks on the sidelines of UNGA to discuss potential peace plans.

Oil Prices Jump: Brent Crude Surges Nearly 3% To $106 Per Barrel Amid US-Iran Truce Talk Uncertainty
Brent crude prices register sharp jump.
Photo Source: NDTV Profit

Crude oil prices jumped nearly 3% on Thursday to touch $106 per barrel once again since the last week, as traders grew restless regarding progress in US-Iran truce talks. 

The prices had cooled off briefly after US envoy Steve Witkoff and Iranian foreign minister Abbas Araghchi held talks on the sidelines of UNGA to discuss potential peace plans. 

(This story will be updated shortly)

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