Oil Prices Soar as U.S.-Iran Deadlock Continues

0:00On April 2, 8, oil prices just hit a three-week high, with Brent crew topping $111 a barrel when US markets closed on. Tuesday. That's the highest in weeks, all thanks to the ongoing deadline between the US and Iran. Back on April 7, prices sat around $109 a barrel after both sides agreed to a two-week ceasefire which got extended without. A clear end. That deal sparked a quick drop, easing some pressure at the pumps. But now, with no breakthrough, everyday folks are feeling the pinch-average US gas prices reached $4.18 a gallon on Tuesday. The most since 2022, according to Triple A data. Iran's pushing a new peace offer, they'd end the conflict and reopen the strait of hormones in exchange for the US dropping its blockade. President Trump is inviting, especially since it puts off talks on their nuclear program for later. Tensions like these keep energy markets on edge. And until both sides budge, expect those pump prices to stay high and while it's lighter.

1:03I'm Corey with The Story. That's your entertainment and celebrity news today update. AI powered and always trending.