Ol prices pushed higher on Tuesday as U.S.-Iran peace talks stalled and the Strait of Hormuz remained effectively closed, threatening energy supply.
Brent prices rose nearly 3 percent to consolidate above $111 a barrel amid stalled efforts to end the U.S.-Iran war. WTI crude futures were up 3.2 percent at $99.49 a barrel.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Market Analysis
Oil Extends Surge As Hormuz Standoff Deepens
2026-04-28 09:28:35
