Oil prices have shown volatility in recent days, reversing previous gains as the United Nations General Assembly meeting raises hopes for diplomatic resolutions regarding the ongoing conflict involving Iran. While some reports indicate a slight rise in oil prices due to persistent risks in the Strait of Hormuz and potential US-Iran talks, concerns over violence and supply disruptions in the Middle East continue to exert pressure on the market. Experts are cautioning that elevated prices may persist as geopolitical tensions remain high and the prospect of a resolution appears uncertain.