Brent Oil Jumps Past $105 as U.S.-Iran Talks Stall — SkimNews
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- Brent crude climbed above $105 per barrel on fears of U.S.-Iran escalation as diplomatic talks showed little sign of progress.
- Oil traders braced for prolonged supply disruption, with investors hunting for any sign of breakthrough in U.S.-Iran negotiations.
Why it matters: With Brent above $105 and no diplomatic off-ramp visible, energy importers and downstream consumers absorb higher costs while equity markets diverge — the Dow slipped even as the Nasdaq notched a fresh record on AI momentum.
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