Oil prices remain near seven month highs ahead of crucial US and Iran negotiations

Oil prices stay near seven-month highs as investors await US-Iran talks in Geneva. Geopolitical risks persist despite reports of rising crude stockpiles.

Oil prices climbed to near seven-month highs as United States USUS envoys prepare for a third round of talks with an Iranian IRIR delegation in Geneva this Thursday. The rally in crude benchmarks comes amid heightened concerns that a potential military conflict between the United States and Iran could disrupt global supplies, particularly as U.S. military forces in the Middle East remain positioned in the region.
A model of an oil pump is seen in front of an Iranian flag in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration
A model of an oil pump is seen in front of an Iranian flag in this illustration taken January 9, 2026. REUTERS/Dado Ruvic/Illustration
IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.