US oil benchmark jumps 8%, surpasses $100 after failed US-Iran talks

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Source: The Manila Times
Published: 2026-04-13 10:08 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Asia, Iran, Energy, World News, US Politics, Asia Pacific
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Snippet:
TOKYO, Japan — The US oil benchmark rebounded above $100 a barrel on Monday after peace talks between the United States and Iran failed to make a breakthrough, and with US President Donald Trump ordering a blockade of Iranian ports.
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