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Oil prices close at highest level since 2022 as Iran negotiations fail to ease supply fears

Oil prices traded higher after U.S. President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.

1 report1 sourceMar 27, 2026, 7:12 PM
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CNBCMar 27, 2026, 7:12 PM

Oil prices close at highest level since 2022 as Iran negotiations fail to ease supply fears

Oil prices traded higher after U.S. President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.

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