Thursday, July 16, 2026
Iran lays out sweeping demands as U.S. weighs military strike pause- oil and gas 360

Iran lays out sweeping demands as U.S. weighs military strike pause

(Oil Price) – Iran wants the U.S. blockade and sanctions to be lifted and Iran’s frozen funds to be released in the latest peace proposal to the United States, Iranian state media reported on Tuesday. “The Iranian proposal to end the war includes the country’s insistence on its right to uranium enrichment and peaceful nuclear activities, an end to conflicts across

Oil prices rise 1% as supply risks remain in focus- oil and gas 360

Oil prices rise 1% as supply risks remain in focus

(Investing) – LONDON – Oil prices rose over 1% on Friday as supply risks remained in focus despite the receding likelihood of a U.S. military strike against Iran. Brent crude was up 84 cents, or 1.3%, to $64.60 a barrel at 1413 GMT, on course for a fourth consecutive weekly gain. U.S. West Texas Intermediate was up 80 cents, or 1.4%, to