Global Oil price Yo Yo continues

Global Oil price Yo Yo continues

(Oilandgaspress) -–According to U.S. officials, Iran has agreed in principle to dispose of its highly enriched uranium as part of a broader framework, while Washington could eventually ease some sanctions if Tehran complies with the terms of a final agreement.

Oil and Gas BlendsUnitsOil PriceNotes
Crude Oil (WTI) OilpriceUS$/bbl$92.54Down
Crude Oil (Brent)US$/bbl$99.07Down

However, Iranian officials and state-linked media have signaled that major disagreements remain unresolved. Iran continues demanding the release of frozen assets and has not publicly confirmed several provisions described by U.S. negotiators.

Iranian President Masoud Pezeshkian said Tehran is prepared to assure the international community that it is not pursuing nuclear weapons, while maintaining that the country seeks stability in the region.


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