Rising oil prices: traders pay attention to the follow-up of US-Iran negotiations and the situation in Ukraine.

As the oil prices rise and traders weigh whether the US-Iran negotiations are enough to avoid conflict, there is no sign of an agreement in the negotiations aimed at ending the Russia-Ukraine conflict. The global benchmark Brent crude oil rebounded after falling nearly 2% on Tuesday, rising to around $69 per barrel. Reports suggest that any military action taken by the US could be a sustained operation lasting several weeks, rather than the precise strikes carried out last month in Venezuela. Meanwhile, the second day of US-mediated talks between Russia and Ukraine in Geneva lasted only about 90 minutes before ending. Ukrainian President Zelensky accused Moscow of trying to delay the process. The head of the Russian delegation described the negotiations as difficult but practical, saying that the next round of talks will be held soon.