Home Business News Oil hangs onto gains as US-Iran peace talks stall, Hormuz shipping slows

Oil hangs onto gains as US-Iran peace talks stall, Hormuz shipping slows

Oil hangs onto gains as US-Iran peace talks stall, Hormuz shipping slows

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Published: August 17, 2026 07:40:05 IST

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By Sethuraman N R and Florence Tan NEW DELHI/SINGAPORE, Aug 17 (Reuters) – Oil prices were mostly steady on Monday, maintaining gains made last week, as prospects for a lasting U.S.-Iran peace deal

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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