Oil surges as Iran halts talks with U.S. and flags Strait of Hormuz closure
TL;DR Summary
Oil prices jumped after Iran suspended indirect talks with the U.S. and threatened to close the Strait of Hormuz, lifting WTI to about $94.08 and Brent to about $97.07 per barrel as markets priced in broader Middle East risk.
- Oil prices climb as Israel expands military operation in Lebanon Euronews.com
- Oil Jumps on Report Iran to Halt Exchanges With US: Markets Wrap Bloomberg.com
- Global oil prices jump 5% to above $95 a barrel after Iran reportedly suspends talks with U.S. and fully closes Strait of Hormuz MarketWatch
- Oil price rises to $96 a barrel as ‘Iran stops exchanging messages with US’ – business live The Guardian
- Oil prices rise as U.S., Iran trade strikes, Israel moves further into Lebanon The Globe and Mail
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