Oil prices surged nearly 5% as President Trump's lukewarm stance on Iran negotiations and threats of continued military action heightened uncertainty over peace prospects, with WTI crude closing at $94.48 per barrel amid concerns over potential ground operations targeting Iran's critical Kharg Island oil hub.
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[New York Oil Price]Oil Surges 4.6% on Doubts Over US-Iran Peace Deal

Oil prices surged nearly 5% as President Trump's lukewarm stance on Iran negotiations and threats of continued military action heightened uncertainty over peace prospects, with WTI crude closing at $94.48 per barrel amid concerns over potential ground operations targeting Iran's critical Kharg Island oil hub.

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