Oil prices rise as no end to Iran war stand-off seems in sight - Reuters

<a href="https://news.google.com/rss/articles/CBMiqAFBVV95cUxNSWdEcWtxT1pxaGxwMmc3bHE1elRLZlNOZHlvNWQtWG94NTZ0RzB3STJ3NmQxT0ZMUVhKYWYwWVZjbGhyMkdLaDZ1VEZHT3ZGdTB6cTFXdlV3MzRUT0s0N0JFZV9OUk9sRGNiS2NNeDlGa1czbGgxeGhhOV9BT09qcURMcDNRb3Q2SnE4Y1NSU2JzOXNyX0Q4eFl4My1SNVU1NWJITm43aUc?oc=5" target="_blank">Oil prices rise as no end to Iran war stand-off seems in sight</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Oil prices increased as a standoff between the U.S. and Iran in the Strait of Hormuz prevented tankers from passing, disrupting global energy supplies.

Oil and gas prices surged as the ongoing war with Iran disrupted shipping and damaged key Middle East oil facilities, leading to global supply concerns.

The Iran conflict has evolved into a Cold War-like standoff marked by economic sanctions, naval blockades, and stalled diplomatic efforts, affecting global energy markets and raising concerns over a potential escalation into armed conflict.

Crude oil prices have surged to their highest levels in weeks, with Brent crude reaching around $112 a barrel and West Texas Intermediate exceeding $101 a barrel, attributed to escalating tensions and the lack of a diplomatic resolution involving the Strait of Hormuz.

Oil prices extended their gains as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers.

Oil prices rose nearly 2 percent, extending gains from the previous session, as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers.

Oil prices rose nearly 2 percent, extending gains from the previous session, as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers.