Crude oil outlook: US-Iran talks, supply risks likely to keep prices volatile
As talks between the US and Iran unfold regarding the strategic Strait of Hormuz, crude oil prices are poised for fluctuations. Market experts suggest that a successful diplomatic resolution might lower prices, though persistent regional tensions could sustain high levels. Recent geopolitical conflicts have already strained supply chains, raising shipping costs.
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Story file
- Section
- Business
- First reported by
- The Times Of India
- Reporter
- trisha mahajan
- Published
- Sunday, 11 October 2026, 7:28 pm IST
- Coverage
- One outlet so far
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