https://www.live-feeds.com/feed/oil-declines-after-us-iran-peace-talks-show-signs-of-progressContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-declines-after-us-iran-peace-talks-show-signs-of-progresshttps://www.live-feeds.com/feed/oil-declines-after-us-iran-peace-talks-show-signs-of-progress#u12457Thu, 25 Jun 2026 06:52:02 +0000Crude oil prices declined after mediators Qatar and Pakistan reported encouraging progress from the first round of high-level talks in Bürgenstock, Switzerland. The parties agreed to a roadmap to reach a final deal within 60 days. This follows a period of volatility sparked by threats from President Donald Trump and the closure of the Strait of Hormuz.What's confirmed:US and Iranian negotiators met at the Swiss resort of Bürgenstock for the first time since signing a memorandum of understanding last week.Mediators Qatar and Pakistan announced encouraging progress after nearly 18 hours of talks