News · 13 April 2026

Oil prices jump past $100 after US-Iran talks fail

Global energy costs are set to worsen after US-Iran negotiations concluded without agreement. Crude oil went above $100 a barrel again as Asian markets opened again on Monday, following the unsuccessful discussions. Brent crude is now up by 8.5% to $102.37, and US Central Command confirmed a blockade of Iranian ports began today.

By BriefTea Editorial · 13 April 2026 at 3:01

Reported by BBC · How we write briefs

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