Oil prices move in both directions as markets weigh the risk of supply disruption from renewed US-Iran hostilities against signals from ongoing diplomacy. Multiple reports describe pressure on crude benchmarks after indirect US-Iran talks conclude, with Brent futures falling in several sessions and WTI also declining. The Express Tribune and Business Line both report Brent slipping in percentage terms after talks, while Times of India links the drop to Iran securing waivers for oil exports and expectations of increased Iranian supply and easing of US sanctions. In contrast, NBC News reports Brent returning to above $87 per barrel after additional US strikes on Iran and concerns about a looming blockade, reflecting heightened geopolitical risk. NDTV similarly reports volatility, including Brent trading near $76 and an intraday low of $75.44, also noting continued talks despite attacks. The Guardian and Economic Times add context by describing the Strait of Hormuz as a key driver of market moves, with renewed tensions tied to the prospect of Iran seeking greater control over passage and potential tolls. Overall, sources agree that price swings track developments in conflict and negotiation that affect expectations for Middle East supply.