NewsThe oil market is in ‘backwardation’ — Here’s what that means for energy prices Posted on March 26, 2026 by budd87309@gmail.com Oil prices have been rocked by volatility since the U.S.-Iran war began. budd87309@gmail.com Iran says it is reviewing a US ceasefire plan but no talks; Trump says Tehran leaders want a deal – Reuters Trump says Iran ‘afraid’ to admit to talks as Tehran rejects reports of dialogue – BBC