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Oil prices climb as Iran talks stall and nuclear issue stays off table
Economy
Published on 28 April 2026
Iran’s ceasefire plan dodges nuclear demands until fighting ends
Oil prices rose as U.S. officials said President Donald Trump is unhappy with a fresh Iranian proposal to end the conflict. Iranian sources say the plan delays addressing Tehran’s nuclear program until hostilities stop and resolves Gulf shipping disputes. With key sticking points left unresolved, traders are pricing in prolonged risk to energy supplies.
- Oil prices increased amid renewed uncertainty in Iran talks
- Trump reportedly reacted negatively to the latest Iranian proposal
- Iran’s plan postpones nuclear discussions until fighting ends
- Gulf shipping disputes remain a separate unresolved hurdle
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times