LONDON, April 27 : Oil prices rose on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.The Brent crude benchmark was up 96 cents, or 0.9 per cent, at $106.29 a barrel by 1212 GMT after reaching $108.36 earlie

NEW YORK, April 27 : Oil prices climbed about 3 per cent to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.Brent futures rose $3.13, or 3.0 per cent, to $108.46 a barrel at 12:26 p.m. EDT

BENGALURU, April 28 : Oil prices extended their gains on Tuesday as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers. U.S. President Donald Trump i

BENGALURU, April 28 : Oil prices extended their gains on Tuesday as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers. U.S. President Donald Trump i

April 28 : Oil prices rose 1 per cent on Tuesday, extending gains from the previous session, as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers. U

April 28 : Oil prices rose 1 per cent on Tuesday, extending gains from the previous session, as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers. U

April 28 : Oil prices rose nearly 2 per cent on Tuesday, extending gains from the previous session, as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers.

NEW YORK, April 27 : Oil prices climbed about 2 per cent to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.Brent futures rose $2.16, or 2.1 per cent, to $107.49 a barrel at 10:01 a.m. EDT

NEW YORK, April 27 : Oil prices climbed about 3 per cent to a two-week high on Monday as peace talks between the U.S. and Iran stalled and shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.Brent futures rose $3.13, or 3.0 per cent, to $108.46 a barrel at 12:26 p.m. EDT

Shipping data showed that the superyacht Nord, linked to Vladimir Putin aide and steel magnate Alexey Mordashov, passed through the Strait of Hormuz. The rare transit has drawn attention as movement along the route has trickled to near zero amid blockades imposed by both the US and Iran.

Oil prices jumped above $107 as US-Iran talks failed and the Strait of Hormuz blockade entered its ninth week, creating the largest energy supply shock ever.

Gold trades near $4,714/oz as US-Iran negotiations falter, energy routes stay blocked, and markets anticipate the Federal Reserve's upcoming rate decision.