Oil Prices Rise Amid New Middle East Hostilities and Stalled Diplomatic Talks

Oil prices increased over 1% as tensions escalated in the Middle East with Iran firing missiles at Kuwait and Bahrain, while diplomatic efforts between Iran and the U.S. showed little progress. Both Brent crude and WTI reached one-week highs.

By By Nicole Jao Wed, June 3, 2026 at 4:28 AM GMT+3 2 min read · Yahoo Finance ·

Oil Prices Rise Amid New Middle East Hostilities and Stalled Diplomatic Talks

Topics: geopolitical_risk middle_east_conflict oil_prices

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