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Oil Prices Rise as U.S. and Iran Discuss Deal to Suspend Attacks in Gulf

Oil prices edged higher after an American official said the U.S. and Iran had agreed to halt attacks in a key shipping lane, raising hopes that hostilities would not escalate. [Source]

Publication Date:

Origin: nytimes.com

Category: US and Israeli Attack on Iran (2026)

Topics: escalate, would, hostilities, hopes, raising, shipping, attacks, agreed, official, American, higher, edged, prices, Attacks, Suspend, Discuss, Prices

Source: https://www.nytimes.com/2026/06/29/business/oil-gas-price-iran.html