• How US leader secretly switched planes over Tehran threat
By Ronnie Harui and Kimberley Kao
Commodity exchanges saw the oil price climb on fears a deal to end the standoff that has effectively closed the Hormuz Strait could be some time off.
Oil prices rose as conflicting US and Iranian claims over control and shipping through the Strait of Hormuz kept supply risks elevated.
Oil prices surge as talks stall over competing demands, hampering prospects for reopening crucial strait.
Hormuz crisis keeps supply chains under pressure even as reopening hopes rise
Fresh attacks on commercial shipping in key waterways have heightened concerns over global energy supplies as diplomatic efforts to end the Iran war show signs...
US petrol prices dropped nine cents last week but could again surge if the strait closure continues, analysts warn.
Iran said Tuesday that the Strait of Hormuz will remain closed unless the United States ends the war and meets Tehran’s conditions