Oil prices rise after U.S.-Iran peace talks in Geneva are abruptly postponed

Jun 19, 2026 - 11:50

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Oil prices rise after U.S.-Iran peace talks in Geneva are abruptly postponed

Oil prices turned lower after Israel and Iran-backed Hezbollah agreed to a ceasefire from 4 p.m. local time on Friday, a U.S. official told CNBC.

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