Oil prices surged on Tuesday, back above $110 a barrel, on concerns that a prolonged standoff would hinder the reopening of the Strait of Hormuz. Iran has reportedly asked that talks over
Asian markets were mixed on Monday, but more importantly, oil prices rose again as peace talks between the United States and Iran continue to hang in the balance. Iranian Foreign Minister Abbas
The Middle East appears to be descending into a bitter stalemate, with little progress on Thursday in peace talks to resolve the blockade of the Strait of Hormuz. Oil prices edged further