Oil rises 1% as US-Iran peace talks stall

Reuters - Oil prices were up more than 1% on Monday as peace talks ‌between the U.S. and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight. Brent crude futures rose $1.35, or 1.3%, to $106.68 a barrel by ​0453 GMT, retreating from early session gains of over $2 a barrel....

Ada Derana Biz•27 Apr 2026

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