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Oil up almost 3% as US-Iran peace talks stall
April 27, 2026
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LONDON – Oil prices jumped almost 3 on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight. The Brent crude benchmark rose 3, or about 2.9, to 108.36 a barrel by 0828 GMT, its highest in three weeks. U.S. West Texas Intermediate [] The post Oil up almost 3 as US-Iran peace talks stall appeared first on Egyptian Gazette.
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