Why are oil prices up today and will Brent and US WTI crude futures continue to drop or rise again? Oil prices moved higher after Iran suspended negotiations with the United States and concerns returned over crude supplies through the Strait of Hormuz. Brent crude and US WTI futures gained sharply as traders assessed risks linked to the Middle East conflict, inflation, global stock markets, and future energy deliveries.

What is oil price prediction for Monday? Oil prices ended lower on Friday as investors reacted to signs of progress in talks between the United States and Iran. Markets focused on…

Oil prices jumped and equities struggled on Monday as Middle East peace talks stumbled and tensions mounted between Iran and the United States.Crude futures shot around seven…