World · 21 April 2026
Oil slips below $95 as Iran talks hang in the balance
UK drivers got a small pause from rising pump prices after a wild few days. Brent crude slipped below $95 a barrel on Tuesday after jumping more than 5% on Monday, as markets weighed whether Iran would join fresh talks with Washington. UK diesel has been hovering around 191p a litre at the pump. Traders are pricing in the risk of a bigger spike if the ceasefire collapses.
Reported by Trading Economics · How we write briefs