Kathmandu. Crude oil prices have skyrocketed again due to the delay in the US-Iran talks.
Talks are underway between the US and Iran for the second round of talks. However, after the date of the talks, the price of crude oil in the world market has started increasing again.
Brench crude oil rose 2 percent to $107.26 a barrel today. The WTO price also rose 1 percent to $95.40 a barrel.
US President Donald Trump on Saturday said that his plan to send his representative to Pakistan for talks with Iran’s representative has been canceled. With this, the price of crude oil has increased again.
The U.S. and Israel have launched an attack on Iran, which is having a major impact on global energy supply. Iran has closed the Strait of Hormuz, one of the most important shipping lanes for oil.
On the other hand, the United States has imposed a blockade on Iran’s important borders. -Agency
