Tag: renewed us-iran
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Oil settles 1% higher as hopes of renewed US-Iran negotiations offset Houthi threat
HOUSTON, July 20 : Oil prices settled over 1 per cent higher on Monday after volatile trading through the session, as traders weighed hopes of renewed U.S.-Iran negotiations against Yemen’s Houthis imposition of a naval blockade against Saudi Arabia.The Middle East conflict escalated over the weekend, with th
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Oil steadies as hopes of renewed US-Iran negotiations offset Houthi threat
July 20 : Oil prices were steady on Monday, pulling back from earlier highs as price pressure from hopes of renewed U.S.-Iran negotiations was countered by Yemen’s Houthis declaring a naval blockade against Saudi Arabia.Benchmark prices had earlier touched more than one-month highs on concern over disruption
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