Oil Holds Gains as Peace Negotiations Between US and Iran Stall

Oil held a three-day gain as the US and Iran remained locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round...

By Charlie Zhu, Sarah Chen · Bloomberg Markets

Oil held a three-day gain as the US and Iran remained locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace talks.