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GeriOil Prices Fall on Report of Iranian FM's Pakistan Visit for Peace Talks
Oil Prices Fall on Report of Iranian FM's Pakistan Visit for Peace Talks
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CNBC24.04.2026Business

Oil Prices Fall on Report of Iranian FM's Pakistan Visit for Peace Talks

Brent crude slips 0.42% to $104.63 as Israel-Lebanon truce extended; IEA chief warns of biggest energy security threat in history

Hızlı Bakış

  • Oil prices declined Friday amid reports that Iranian Foreign Minister Abbas Araghchi will arrive in Pakistan for peace talks with the U.S.
  • Brent crude fell 0.42% to $104.63 per barrel while WTI dropped 1.15% to $94.75.
  • The news came as Israel and Lebanon agreed to extend their ceasefire by three weeks.

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Yazı boyutu

Oil prices declined Friday amid reports that Iranian Foreign Minister Abbas Araghchi will arrive in Pakistan for peace talks with the U.S. Brent crude fell 0.42% to $104.63 per barrel while WTI dropped 1.15% to $94.75. The news came as Israel and Lebanon agreed to extend their ceasefire by three weeks. Meanwhile, the conflict between the U.S. and Iran has evolved into naval blockades closing the Hormuz Strait, through which about 20 million barrels of oil ship daily. The IEA head warned the world faces the biggest energy security threat in history, with 13 million bpd of oil lost.

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