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Business

Brent oil rises to $91 as Iran rules out interim deal extension, threatens to escalate conflict

CNBC · August 17, 2026 at 3:12 PM

Brent oil rises to $91 as Iran rules out interim deal extension, threatens to escalate conflict

The U.S.-Iran deal was supposed to open the Strait of Hormuz while they negotiated a final deal on Tehran's nuclear program within 60 days.

Read the full article on CNBC ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.cnbc.com — the content belongs to CNBC.

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