Oil surges after Iran halts talks with U.S. and vows to block Hormuz
TL;DR
Oil prices jumped after Iran said it would stop communicating with the U.S. via intermediaries and move to fully block the Strait of Hormuz, signaling a potential disruption to global crude supplies.
Topics:businesscommodities#commodities#crude-oil-futures#iran#oil#strait-of-hormuz#us-iran-relations
- Crude oil spikes as Iran says stopping talks with U.S., will 'completely' block Strait of Hormuz Seeking Alpha
- Oil prices climb over 3% as U.S.-Iran talks at impasse, Israel expands Lebanon offensive CNBC
- Oil Jumps on Report Iran to Halt Exchanges With US: Markets Wrap Bloomberg.com
- Oil Prices Spike as U.S. and Iran Exchange Fire The New York Times
- Oil prices rally on Iran's US talks freeze and Strait of Hormuz threat Euronews.com
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