Oil prices rise higher as Iran denies US talks, dimming deescalation hopes

Oil prices have climbed higher amid fading hopes of deescalation in the Iran war following Tehran’s denial that talks with the United States are under way. Futures for Brent crude, the international benchmark, rose nearly 2 percent on Thursday to top $104 per barrel after Tehran dismissed reports of direct negotiations with US President Donald … Read moreOil prices rise higher as Iran denies US talks, dimming deescalation hopes

Could oil hit $200 a barrel? Analysts no longer think it is far-fetched

Shortly after the United States and Israel first attacked Iran on February 28, analysts warned that war could drive oil prices above $100 a barrel. Now, less than three weeks into the conflict, market watchers are seriously considering the possibility of prices surpassing $150 or even $200. On March 9, the price of Brent crude … Read moreCould oil hit $200 a barrel? Analysts no longer think it is far-fetched

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