US–Iran talks show slight progress but remain deadlocked over enriched uranium stockpiles and Iran’s bid for control of the vital Strait of Hormuz.

Iran's Revolutionary Guards navy on Wednesday said they allowed over 25 vessels including oil tankers to transit the Strait of Hormuz over the past 24 hours.

The IRGC claims to maintain control over the Strait of Hormuz despite the US blockade on Iran's ports.

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…