OMM Redaksiyası
Brent crude futures rose 2.4% to $100.35 a barrel at 08:30 GMT on Thursday, reversing earlier losses. US benchmark West Texas Intermediate gained 2.45% to $92.62.
Investors weighed signs of improving regional oil shipments against concerns that the recovery could falter without a lasting agreement to end the war involving Iran.
Hormuz remains central to the outlook
The Strait of Hormuz, a major route for global oil shipments, remains central to negotiations and the outlook for energy flows from the region.
Iranian government spokesperson Fatemeh Mohajerani said on Wednesday that Tehran had received Washington’s response to a new proposal delivered through Qatari mediation.
Iran’s stated conditions include ending hostilities on all fronts, including in Lebanon, lifting the US naval blockade and releasing Iranian assets.
OPEC+ producers keep output targets unchanged
Separately, seven OPEC+ producers kept their October output targets at September levels, underscoring the role of supply policy alongside diplomatic developments.
