https://www.live-feeds.com/feed/oil-prices-rise-as-iran-rules-out-interim-deal-extension-threatens-to-escalate-conflictContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-rise-as-iran-rules-out-interim-deal-extension-threatens-to-escalate-conflicthttps://www.live-feeds.com/feed/oil-prices-rise-as-iran-rules-out-interim-deal-extension-threatens-to-escalate-conflict#u44843Tue, 18 Aug 2026 11:15:18 +0000Iran has ruled out extending an interim nuclear deal, threatening to escalate conflict, which has caused oil prices to rise. The US and Iran had been working towards a broad deal to end the war, but a 60-day deadline for an agreement has expired. The stalemate has raised concerns about the potential for increased conflict in the region.Why it mattersThe US and Iran have been engaged in negotiations for a broad deal to end the war, but talks have stalled. The expiration of the 60-day deadline and Iran's rejection of an interim deal extension have heightened tensions. The Strait of Hormuz,