Due to the bleak outlook ahead of the Iran-US talks being held at Bürgenstock, Switzerland, international crude oil futures prices rose significantly as trading began for the new week on the 21st.
According to a Xinhua report, as of 6:30 p.m. Eastern Time on the 21st (6:30 a.m. Malaysian time on the 22nd), the price for August delivery of light crude futures on the New York Mercantile Exchange had risen as high as $78.14 per barrel, an increase of 3.02%. August delivery prices for Brent crude oil futures in London rose as high as $82.30 per barrel, an increase of 2.15%.
On the 21st, the Iranian delegation participating in the Iran-US negotiations at Bürgenstock, Switzerland suddenly suspended the talks in protest against US President Trump’s threatening remarks towards Iran made that same day.
On the 21st, the Iranian delegation participating in the Iran-US negotiations at Bürgenstock, Switzerland suddenly suspended the talks in protest against US President Trump’s threatening remarks towards Iran made that same day.