General · 3 June 2026
Oil Rises for Third Day as Talks Stall
Higher fuel costs could affect households and businesses after crude prices kept climbing while tensions in the Gulf increased. On Wednesday, markets reacted as fighting restarted following a halt in progress between Washington and Tehran, with Brent crude gaining and the dollar nearing a key yen level. Brent crude reached $94.74 a barrel, while bitcoin touched a two-month low of $66,123.
Reported by Reuters · How we write briefs