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Oil prices jump after U.S.-Iran talks reportedly collapse, erasing recent declines

The price of oil rose sharply after Iran reportedly cut off talks with the U.S. to end the war. Crud...

BUSINESS NEWS June 01, 2026

Oil prices jump after U.S.-Iran talks reportedly collapse, erasing recent declines

The price of oil rose sharply after Iran reportedly cut off talks with the U.S. to end the war. Crude oil jumped to levels not seen since mid-May.

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The price of oil rose sharply after Iran reportedly cut off talks with the U.S. to end the war. Crude oil jumped to levels not seen since mid-May.

Author: NBC News

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