Oil prices surge as US-Iran ceasefire ends
after close1 source ↓written by the desknot a recommendation
- per barrel
- ₹90
- on Tuesday morning
- ₹91.63
Oil prices have surged following the expiration of the ceasefire negotiations in the US-Iran conflict. Brent crude surpassed ₹90 per barrel, trading at ₹91.63 on Tuesday morning. Analysts suggest that escalating tensions could shift the market towards pricing in a prolonged disruption in oil supply. ⚡
• Iran threatens aggressive action if talks fail.
• Trump warns Oman of military action if it interferes.
Immediate market implications may arise as traders react to the instability in the region.
Not investment advice. For informational purposes only.