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Oil values increased Friday while market participants evaluated the likelihood of further military clashes between Washington and Tehran following the recent US elections.
Part of a series: Oil swings as US and Iran clash over Hormuz
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HotIran
President Trump is reportedly considering options including new strikes, a full-scale war, or a negotiated agreement with Iran following a national security meeting.
HotIran
President Trump stated that the United States needs to determine whether to escalate operations against Iran or certify the current situation.
Iran
President Trump stated that Iran is not taking actions without the approval of the United States.
Iran
The United States is currently evaluating a nuclear proposal submitted by Iran.
HotIran
A senior Iranian official said Tehran has transmitted a nuclear proposal to Washington through Qatar. The plan is to be discussed only after the US meets seven specific demands.
HotIran
Iran and the US are reviewing nuclear program proposals following mediation by Qatar, with talks held in Tehran, Doha, and Armenia. The US is considering strikes on Iranian energy infrastructure while Tehran demands the lifting of oil sanctions and the release of frozen assets.
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