Oil climbs as Iran halts talks, Strait of Hormuz under threat
TL;DR
Oil prices jumped about $5 a barrel after Iran halted indirect talks with the U.S. and signaled it could block the Strait of Hormuz, underscoring supply-disruption risks amid Middle East tensions; Brent traded around $95.92 and WTI around $92.82 a barrel as traders weighed disruption risks against diplomacy developments.
- Oil jumps over $6 on Iran report of halted U.S.-Tehran exchanges, Hormuz blockade risk By Reuters Investing.com
- Oil jumps more than 4% as Trump tells CNBC he doesn't care if Iran negotiations are over CNBC
- Oil Jumps on Report Iran to Halt Exchanges With US: Markets Wrap Bloomberg.com
- Oil surges almost 8% as the U.S.-Iran ceasefire deal risks collapsing qz.com
- Oil price rises to $97 a barrel as ‘Iran stops exchanging messages with US’ – as it happened The Guardian
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