Oil tops $107 as US-Iran peace talks collapse again
Oil prices climbed sharply on Sunday after Trump scrapped a planned Witkoff-Kushner trip to Islamabad for indirect talks with Iran, calling it "too much time wasted."
The Strait of Hormuz remains under a "double blockade," with the IEA warning the world is losing roughly 13 million barrels per day of oil supply.
Iran's foreign minister departed for Moscow to consult with Russian officials, expressing doubt that Washington is "truly serious about diplomacy," according to Al Jazeera.
#oil #OilPrice #iran #US #TRUMP
Oil prices climbed sharply on Sunday after Trump scrapped a planned Witkoff-Kushner trip to Islamabad for indirect talks with Iran, calling it "too much time wasted."
The Strait of Hormuz remains under a "double blockade," with the IEA warning the world is losing roughly 13 million barrels per day of oil supply.
Iran's foreign minister departed for Moscow to consult with Russian officials, expressing doubt that Washington is "truly serious about diplomacy," according to Al Jazeera.
#oil #OilPrice #iran #US #TRUMP