Oil prices climbed as Middle East war peace talks stalled significantly. Iran announced a shift to a fully offensive military posture. The United States ruled out extending a temporary ceasefire agreement. Shipping through the Strait of Hormuz has drastically decreased following recent attacks. This situation heightens worries about global energy supply stability.
Oil prices climbed as Middle East war peace talks stalled significantly. Iran announced a shift to a fully offensive military posture. The United States ruled out extending a temporary ceasefire agreement. Shipping through the Strait of Hormuz has drastically decreased following recent attacks. This situation heightens worries about global energy supply stability.
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