Oil Prices Swing as Iran Talks Meet Houthi Attacks on Saudi Arabia
Photo: CoinCentral
TLDR Brent crude traded near $115 to $116 a barrel on Tuesday, while WTI sat near $101 to $102. Iran, Saudi Arabia, Pakistan and Turkey agreed to keep talking after a Tehran meeting. Houthi forces claimed attacks on Saudi pipeline pumping stations and Riyadh airport. Oman said talks with Iran produced an outline to restore free navigation in the Strait of Hormuz. The IEA’s Fatih Birol said energy markets are unlikely to return to pre-war conditions in 2027. Oil prices moved up and down on Tuesday as traders weighed diplomatic efforts against new attacks in the Middle East.
Source: CoinCentral
