Oil Prices Surge Amid Iran Diplomacy Stalemate | Bermuda News

Oil prices surged past $88 a barrel as diplomatic hopes with Iran faded, with the White House confirming no talks are underway—despite Qatar’s efforts to restart negotiations. U.S. inventories rose, limiting WTI’s gain, but both benchmarks rebounded as investors recalibrated expectations amid tightening supply fears and looming sanctions. With core geopolitical tensions unresolved, uncertainty remains the biggest risk—and it’s keeping oil prices elevated. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a3f70379997017d1