Home Business News Oil rises as US-Iran peace talks stall, Hormuz shipping slows

Oil rises as US-Iran peace talks stall, Hormuz shipping slows

Oil rises as US-Iran peace talks stall, Hormuz shipping slows

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Published: August 17, 2026 08:40:08 IST

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By Sethuraman N R and Florence Tan NEW DELHI/SINGAPORE, Aug 17 (Reuters) – Oil prices rose on Monday as fading expectations of a U.S.-Iran peace breakthrough and slower tanker traffic through the

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