Oil markets react to US-Iran negotiation uncertainty
Global crude oil prices rose sharply Monday as uncertainty surrounding US-Iran talks and the Strait of Hormuz weighed on markets. Brent crude gained 2.57 percent to reach $85.70 per barrel. US crude also increased 2.52 percent to $80.15 per barrel. Read more: Hormuz uncertainty pushes oil prices higher Market participants are closely monitoring developments surrounding negotiations between […]
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