BusinessOil Prices Rise Amid Iran-US Dispute Over Hormuz Strait Ceasefire
Oil prices rose as Iran and the US remained divided over ceasefire terms for reopening the Strait of Hormuz. Brent crude climbed over 3% to near $108 a barrel after talks stalled. Iran insists on conditions rejected by US President Donald Trump, who expects negotiations to resume soon. Saudi Arabia resumed oil exports via a repaired pipeline, easing some supply concerns amid ongoing Middle East tensions.
HT World·3h ago




