Oil Climbs as US-Iran Peace Talks Stall and Hormuz Remains Shut
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 energy-rich Middle East that have roiled markets.
- Iran offers to reopen Strait of Hormuz if US lifts its blockade and the war ends, officials say ABC News —
- Trump sends envoys to Islamabad, Iran rules out direct talks Boston Globe —
- Kushner, Witkoff to restart talks with Iran in Pakistan — without Vance Politico EU —
- Trump paused 3 Mideast wars; grievances remain, could reignite them Boston Globe —
- Trump has reached shaky ceasefires in Iran, Lebanon and Gaza but major issues are unresolved Associated Press —