Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?

Oil prices were little changed on Friday but remained on track for a second straight weekly gain as the deadlock in the U. S. -Iran war continued to disrupt oil supplies from the key Middle East producing region. An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U. S. President Donald Trump also threatened economic retaliation against countries supporting Iran.

An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. President Donald Trump also threatened economic retaliation against countries supporting Iran.

Summarised by Agaah from ET Markets. Agaah aggregates 36 sources and removes duplicate coverage — all news, one place.