Oil prices rise as Iran rejects direct U.S. talks despite proposal review
CNBC·2026-03-26 01:12
A pump jack is seen in a field on March 18, 2026 in Pecos, Texas.Oil prices rose Thursday after Iran signaled it had no intention of holding direct talks with the United States, even as a U.S. proposal to end the war is under review by senior officials in Tehran, according to remarks from the Islamic Republic's foreign minister.International benchmark Brent crude futures added 1.21% to $103.46 per barrel, while U.S. West Texas Intermediate futures climbed 1.35% to $91.54 per barrel.Iranian Foreign Minister ...