Oil prices were mixed Wednesday, amid hopes of a diplomatic solution to the conflict in the Middle East after Iran and the U.S. had talks.

Oil prices rose over 2% Thursday as US-Iran talks stall and a possible diesel export ban adds pressure on energy markets.

By Arathy Somasekhar Sept 24 (Reuters) - Oil prices edged lower on Thursday, after climbing 4% in the previous session, as Iran said it remained open to diplomacy to end the US-Iran war, though the two countries remain far apart on ways to do so.

At the start of the Iran war, many feared that Tehran's closure of the Strait of Hormuz would send oil prices through the roof and throttle the global economy

Oil prices rose on Tuesday after four consecutive sessions of losses, as investors assessed the possibility of renewed talks between the United States and Iran alongside developments affecting crude supplies from Saudi Arabia and Libya.

By Helen Clark PERTH, Sept 23 (Reuters) - Oil prices drifted lower on Wednesday as Saudi Arabia began restoring crude supply on a critical pipeline to the Red Sea and on hopes for a diplomatic solution to the US-Iran war through talks at the UN in New York.

Oil prices fell. Brent had recovered above $100 per barrel but the gains were capped after a surprise build in U.S. crude oil inventories, said ANZ.

Oil rose Tuesday, amid concerns of growing Iran-U.S. tensions. after U.S. Treasury Secretary Scott Bessent told CNBC that all Iranian airlines will be shut down from Wednesday.