{"id":529812,"date":"2026-04-14T05:50:08","date_gmt":"2026-04-14T05:50:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/529812\/"},"modified":"2026-04-14T05:50:08","modified_gmt":"2026-04-14T05:50:08","slug":"oil-prices-ease-on-hopes-of-new-us-iran-peace-talks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/529812\/","title":{"rendered":"Oil prices ease on hopes of new US-Iran peace talks"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Speaking to reporters outside the White House on Monday, Trump said: &#8220;I can tell you we&#8217;ve been called by the other side. They&#8217;d like to make a deal very badly.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Separately, the New York Times reported that Iran had proposed suspending uranium enrichment for up to five years, an offer rejected by the US which insisted on 20 years.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The report, which cited Iranian and US officials, also said Washington and Tehran had traded proposals for suspending Iran&#8217;s nuclear activity during talks in Pakistan, but remained far from an agreement.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">But it added that the discussions suggested there may still be a path to a peace deal, with a possible second round of face-to-face talks.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The BBC has contacted the White House for comment.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Asian stock markets edged higher on Tuesday. The Nikkei 225 index in Japan gained by 2.6% while South Korea&#8217;s Kospi exchange jumped by more than 3%.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Countries in Asia that are heavily reliant on energy from the Gulf have been hit hard by the fallout of the Iran war.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The Strait of Hormuz has become a key flashpoint of the conflict after Iran retaliated against US-Israeli strikes since 28 February by threatening to attack vessels that try to use it.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Energy prices have surged as nearly a fifth of global oil and gas shipments usually pass through the strait.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">US Department of Energy Secretary Chris Wright said on Monday that he expected oil prices to peak in the coming weeks as the waterway remains effectively closed.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;We&#8217;re going to see energy prices high &#8211; and maybe even rising &#8211; until we get meaningful ship traffic through the Strait of Hormuz,&#8221; Wright told the Semafor World Economy Forum in Washington.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">&#8220;That&#8217;ll probably hit the peak oil price at that time. That&#8217;s probably sometime in the next few weeks.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"Speaking to reporters outside the White House on Monday, Trump said: &#8220;I can tell you we&#8217;ve been called&hellip;\n","protected":false},"author":2,"featured_media":529813,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[84,59,56,54,55],"class_list":{"0":"post-529812","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-gb","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/529812","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=529812"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/529812\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/529813"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=529812"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=529812"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=529812"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}