Oil climbs nearly 2% as US-Iran peace talks stall - Reuters

<a href="https://news.google.com/rss/articles/CBMioAFBVV95cUxQQU9lWjRuUWhQNDE1NjUtYmRBUk5ZN0lQc2dmaG5JMlY0RlBDYmlibmUtM0llNGNrUkNkRlp6WXJSV1ZIcjJkdXNFNTFlMGRnV09TR0twYWp5aU1LeGpLcUZQaGZveHBwc3pqd05HNmdBTVVOa3FReGZTWndOblR0cmFVWF9mOXJKR3ZDS3UtOEtLNzR3UndpaU14Y1dqN3VW?oc=5" target="_blank">Oil climbs nearly 2% as US-Iran peace talks stall</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Oil prices rose nearly 2% as stalled U.S.-Iran peace talks and limited shipments through the Strait of Hormuz tightened global oil supplies.

Brent crude futures rose $2.16, or 2.05%, to $107.49 a barrel, the highest since April 7, amid stalled U.S.-Iran peace talks and limited shipments through the Strait of Hormuz.

Oil prices surged nearly 2% as stalled U.S.-Iran peace talks and limited Strait of Hormuz shipments tightened global supplies. Brent crude reached $107.49 a barrel, its highest since April 7.

Brent crude rose more than 2% after Washington and Tehran failed to hold a second round of talks in Pakistan, leading to higher oil prices.

Oil prices extended gains on Monday, rising nearly 2% as peace talks between the U.S. and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.

Brent crude futures rose $2.16, or 2.05%, to $107.49 a barrel, the highest since April 7, amid stalled U.S.-Iran peace talks and limited shipments through the Strait of Hormuz.

Oil prices extended gains on Monday, rising nearly 2% as peace talks between the United States and Iran stalled and shipments through the Strait of Hormuz remained limited, keeping global supplies tight.

Oil prices rose sharply in early Asian trade on Monday, extending strong gains from last week as the U.S. and Iran made little progress towards holding peace talks, while flows through the Strait of Hormuz remained scant.

Oil prices surged nearly 2% as stalled U.S.-Iran peace talks and limited Strait of Hormuz shipments tightened global supplies.