U.S.-Iran Peace Talks Stall, Impact on Global Markets and Oil Prices
U.S.-Iran peace talks have stalled, creating renewed geopolitical tensions that are affecting global markets. Oil prices have risen due to persistent supply disruptions and uncertainty over the Strait of Hormuz. Goldman Sachs has raised its oil price forecast due to prolonged disruptions in the Persian Gulf.
Topics: energy markets geopolitical strain oil prices Strait of Hormuz U.S.-Iran negotiations