The US oil prices fell toward $92 per barrel as the markets reacted to the potential deal between Iran and the United States, even as the Donald Trump administration played down the chances of reaching an agreement with the Middle East country. Dollar slipped too at the start of the Asian trading. Donald Trump has told the media that he wouldn’t rush into a deal with Iran as he faced growing domestic political pressure to end the nearly three-month-old conflict. The war has boosted the cost of fuels, with average US gasoline prices hitting the highest since 2022 this month.
Taking to Truth Social, Donald Trump wrote: “The negotiations are proceeding in an orderly and constructive manner, and I have informed my representatives not to rush into a deal in that time is on our side. The Blockade will remain in full force and effect until an agreement is reached, certified, and signed.” The US President also asserted that both sides should take time and get the deal right.
Meanwhile, as Donald Trump refuses to rush into a deal, there were reports of a discord between him and Israeli PM Benjamin Netanyahu who wishes to strike Iran now. Meanwhile, Hezbollah chief has said that it hopes for Iran-US deal and that it ‘includes us’. Stay tuned for US-Iran War News LIVE Updates.
US-Iran Peace Deal LIVE: Petrol, diesel prices hikes again! Fourth time in 2 weeks
US-Iran Peace Deal LIVE: Diesel prices increased by Rs. 2.71 per litre and petrol by Rs. 2.61 per litre. Diesel in Delhi hiked to ₹95.20 per litre, and Petrol hiked to ₹102.12.
Today’s petrol, diesel prices
MS (petrol) prices
Delhi ₹102.12 (+2.61)
Kolkata ₹113.51 (+2.87)
Mumbai ₹111.21 (+2.72)
Chennai ₹107.77 (+2.46)
High Speed Diesel prices
Delhi ₹95.20 (+2.71)
Kolkata ₹99.82 (+2.80)
Mumbai ₹97.83 (+2.81)
Chennai ₹99.55 (+2.57)
US-Iran Peace Deal LIVE: What Iran says on the deal with the US
US-Iran War News LIVE: As the negotiations with the United States carry on with Trump asserting that he wasn’t looking for a quick deal, Iran has tried to reassure the international community that it was not pursuing nuclear weapons. Iran Foreign Ministry spokesman Esmaeil Baqaei said Saturday on state television that the two sides were nearing “a memorandum of understanding, a kind of framework agreement composed of 14 clauses” in “a trend toward rapprochement.”
A report on Axios mentioned that the possible agreement between the two countries would extend the current ceasefire by 60 days, reopening of the Strait of Hormuz, free selling of oil by Iran. Stay tuned for LIVE updates
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