# Oil Prices Rise as Iran Talks Stall; Tui Hit by Fuel Costs

Oil prices climbed after nuclear negotiations with Iran hit a fresh impasse, heightening supply concerns. Travel company Tui said high fuel costs are weighing on its business. The moves reflect ongoing energy-market pressure and its ripple effects on travel and consumer prices.

**Importance:** 3/5

## Sources

### Business
- [The Guardian Biz](https://www.theguardian.com/business/live/2026/aug/12/oil-prices-brent-crude-iran-trump-fuel-inflation-tui-travel-business-live) — Wed, 12 Aug 2026 08:21:35 GMT