Oil prices turned to a gain Friday after Iran poured cold water on growing market hopes for a near-term agreement with the United States

Oil prices saw marginal gains as fresh threats between Iran and the US heightened concerns over the Strait of Hormuz closure. While Iran examines a new US proposal, President…

Brent crude futures rose $1.27, or 1.21 percent, to $106.29 a barrel

Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some…