Brent crude nears $110 on 7th straight gain as US-Iran talks stall
The Quick Take — AI synthesis of 1 sources covering this story.
- Brent crude approaches $110/barrel after a 7th consecutive session of gains driven by US-Iran talks breakdown
- MCX crude oil surged up to 1% intraday on Tuesday, reaching ₹9,201 per barrel on Indian exchanges
- Stalled US-Iran peace negotiations are cited as the primary catalyst, tightening global supply outlook
- Experts quoted by Mint Markets signal near-term bullish momentum; direction hinges on geopolitical developments
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