Oil prices fall and stock markets rise as US-Iran peace talks progress – business live

Published June 22, 2026 · Category: Markets

Overview

Brent crude prices fall below $80 per barrel on after Iranian negotiators said progress had been made in peace talks with US

Patrick Wintour and Jonathan Yerushalmy

Iran’s foreign minister has declared “progress” after the first day of talks between high-ranking officials from Washington and Tehran ended in Switzerland, despite a tense opening marked by Donald Trump threats to restart attacks.

A joint statement from mediators Qatar and Pakistan said the ⁠US and Iran agreed to a roadmap towards⁠ a final deal within 60 days. Technical talks between lower-ranked officials ​will continue for the rest of the week, according to the statement, with fighting between Israel and Iran-backed Hezbollah in Lebanon at the top of the agenda.

Source

Originally published at www.theguardian.com.

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