Oil Gains as Hormuz Shipping Constraints Persist Despite Hopes for US-Iran Talks

Summary Hormuz strait remains largely shut despite ceasefire U.S. to end waivers on Iranian and Russian oil Official U.S. oil inventory data due Wednesday (Reuters) – Oil prices rose after steep falls in the previous session as shipping through the ​Strait of Hormuz remained constrained, outweighing expectations of renewed U.S.-Iran talks aimed at ending the … Read more