Oil Climbs Further as U.S.-Iran Peace Efforts Remain Stalled
Oil rose for a fifth-straight day as the Strait of Hormuz remained shuttered and neither the U.S. nor Iran signaled a return to peace talks in the near term.
- Prices to expedite Panama Canal crossing skyrocket after Strait of Hormuz closure Associated Press —
- Retail sales jump as motorists stock up on fuel City AM —
- Mondi shares slump over Iran war cost warning City AM —
- IEA sees 'tight' liquefied natural gas markets up to 2027 RTE —
- Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold The Independent —