Oil rises as investors wary US-Iran ceasefire may boost supply

Oil prices have risen in global markets, driven by investor caution over whether a ceasefire between the United States and Iran could open up additional supply flows. Despite ongoing diplomatic talks, analysts highlight persistent doubts that a peace agreement would lead to a substantial increase in Iranian crude production, maintaining uncertainty in the market.

Investors are carefully assessing the potential impact of a cessation of hostilities, given Iran's significant oil reserves that could be released if international sanctions are lifted. However, skepticism remains, as any deal might face political and logistical hurdles, limiting expectations for an immediate supply boost.

This scenario has helped sustain upward pressure on oil prices, reflecting concerns about supply stability in a volatile geopolitical context. Markets continue to monitor developments between Washington and Tehran, as any progress could influence global supply and demand dynamics.