2 sources
Oil prices surge amid mixed signals on US-Iran peace talks
Oil prices have risen sharply following attacks on commercial vessels in the Strait of Hormuz and conflicting messages about the
Summary
Brent crude futures, the primary benchmark for global prices, jumped more than 7 percent in Asia on Monday as the outlook for peace between Washington and Tehran darkened. Japan's Nikkei 225 rose more than 1 percent in morning trading, while South Korea's KOSPI gained about 1.3 percent. Hong Kong's Hang Seng Index rose about 0.5 percent, while the SSE Composite Index in Shanghai gained more than 0.4 percent.
What this story is about
People
- Donald Trump
- Hormuz
Organisations
- United Kingdom Maritime Trade Operations (UKMTO) Centre
- Chicago Mercantile Exchange
- Hang Seng Index
- UKMTO.After
- Al Jazeera
- IRNA later
- Brent
- KOSPI
Places
- United States2
- Iran2
- Strait of Hormuz
- South Korea
- UKMTO.Asia
- Washington
- Hong Kong
- Islamabad
Keywords
- prices2
- oil2
- escalates
- standoff
- signals
- crude
- mixed
- peace
- surge
- talks
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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