Oil prices whip around as U.S.–Iran talks shift traders from war risk to supply hopes
HOUSTON — Oil prices swung sharply this week as renewed U.S.–Iran diplomacy forced traders to recalibrate the two biggest variables driving crude right now: the risk of a military flare-up that could disrupt shipments from the Persian Gulf, and the possibility that progress at the negotiating table could eventually bring more Iranian oil into global…
