Oil Prices Soar as Hormuz Negotiations Stall

Oil prices soar as the U.S.-Israeli war against Iran continues, with Brent crude nearing war-time highs. Negotiations to reopen the Strait of Hormuz stall, keeping the key shipping lane blocked. The United Arab Emirates leaves OPEC, but supply disruption is unlikely in the short term. Market watchers await a breakthrough in the Gulf to prevent further price increases. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/df91b547dc908f6f

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