Brent Crude Rises Above $100 a Barrel After U.S.-Iran Peace Talks Pause
The source says Brent crude moved above $100 per barrel after U.S.-Iran peace talks were paused, highlighting a renewed geopolitical shock to energy markets.
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Terms & Concepts
Brent crude: A major global oil benchmark used to price crude exports and energy contracts worldwide.
Geopolitical risk premium: The extra market price added when political conflict or diplomatic disruption threatens commodity supply.