InternationalNewsAPI
Live Updates: Oil prices rise as U.S. and Iran appear locked in a costly stalemate - CBS News
Overview
Oil prices rose sharply amid stalled talks and shipping disruptions, with the UAE’s exit from OPEC reducing the bloc’s cohesion. The situation remains sensitive: a new report that Iran may answer a U.S. proposal Thursday could alter price trajectories, and Shell’s disclosure of a $1.3 billion profit rise underscores how the conflict-driven supply and demand shifts are benefiting energy-sector earnings.
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ORGCBS NewsORGHezbollahORGBrent CrudeLOCUnited StatesIran
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