Last Updated: October 29, 2026

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  • Tag: Energy Markets

    Oil Prices Surge as Gulf Tensions Escalate and Iran-US Peace Deal Remains Stuck in Limbo

    Global oil prices extended their gains for a third straight session as escalating tensions in the Gulf region and the continued deadlock in Iran-US peace negotiations fuelled concerns over potential disruptions to global energy supplies. Investors remain on edge amid renewed military hostilities and uncertainty surrounding the future of diplomatic efforts between Washington and Tehran..