HOUSTON, June 29 : Oil prices gained more than 1 per cent on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal, while cautious hopes of a continued recovery in energy shipping through the Strait of Hormuz limited gains.Iranian and U.S. technical teams working on t

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential de-escalation and renewed…

Oil prices rose after several days of tit-for-tat strikes between the United States and Iran disrupted shipping through the Strait of Hormuz and renewed concerns about global…