Oil prices rallied on Monday after weekend negotiations between the United States and Iran aimed at ending six weeks of war concluded without an agreement.

“They have chosen not to accept our terms,” U.S. Vice President JD Vance said in a brief news conference but left open the possibility that terms could still be reached.

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Market Analysis




Oil Prices Climb On Hormuz Tensions After Failed Talks

2026-04-13 09:20:46

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