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News Headline : > Mexico promises peaceful World Cup opening despite protests   > Iran, Israel say hostilities on hold after first attacks since truce   > Ebola deaths top 100: Congo   > 4 killed as pickup hits stationary truck in Tangail   > US demands Iran give UN nuclear watchdog access: draft resolution   > Iqbal asks to prepare working paper for readiness of entering nuclear power era   > Police being made more people-friendly: Salahuddin   > Bangladesh’s labour market in Mauritius set to reopen soon   > Govt takes steps to recover all playgrounds from encroachers, Fakhrul tells JS   > Oil prices spike over 3pc as Iran-Israel tensions escalate  

   Business
Oil prices climb as US-Iran talks break down
  11, May, 2026, 2:14:2:PM

(BSS/AFP) - Oil prices opened sharply higher on Monday shortly after US President Donald Trump said he rejected Tehran`s response to Washington`s peace proposal, and Iran renewed threats of violence in the Strait of Hormuz.

The international benchmark for oil, Brent crude that is being prepared for July delivery, was up 2.69 percent to $104.01 a barrel.

Its US counterpart, West Texas Intermediate, rose 2.54 percent to $97.84 a barrel.



  
  সর্বশেষ
Mexico promises peaceful World Cup opening despite protests
France, Germany abandon joint fighter jet project: Berlin
Richards returns to US training before World Cup opener
China says exports jump 19.4% on-year in May, beating forecasts
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