Oil Rises as Hormuz Stays Shut for Third Month After Talks Stall

Oil gained after efforts to resume peace talks over the Iran war stalled, with the vital Strait of Hormuz remaining effectively closed, extending disruptions in the Middle East that have...

By Charlie Zhu, Sarah Chen, Charles Gorrivan · Bloomberg Markets

Oil gained after efforts to resume peace talks over the Iran war stalled, with the vital Strait of Hormuz remaining effectively closed, extending disruptions in the Middle East that have roiled global markets.