Daily Market Updates: Oil rises sharply as traders weigh progress on U.S.-Iran talks

S&P 5007,765.36▼0.5% Nasdaq27,193.34▼1.2% Dow51,231.64▲0.1% Russell 2K2,794.13▲0.0% 10-Yr5.23%−5bp VIX15.41+0.33 WTI$91.10▲3.2% Gold$4,157.80▲0.4% EUR/USD1.122▼0.3% BTC$81,907▼1.4% Nikkei70,036▼0.9%

At close · Thu, Oct 8, 2026

Global Markets

Home›Global Markets›Trade & Tariffs›Oil rises sharply as traders weigh progress on U.S.-Ir…

Oil rises sharply as traders weigh progress on U.S.-Iran talks

Reported · Written up by our desk · Trade & Tariffs

Oil prices rose sharply on Thursday as investors looked for signals of progress in U.S.-Iran talks, according to CNBC World.

Traders also assessed a report indicating that Asia is on track to import its highest volume of crude oil since the start of the U.S.-Iran war.

Latest closeWTI crude $91.10 ▲3.2%

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Sources

CNBC WorldOil prices rise sharply as investors seek progress on U.S.-Iran talks

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