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US-Iran talks stall, oil prices rise on Strait of Hormuz supply fears

US-Iran talks stall, oil prices rise on Strait of Hormuz supply fears

Oil prices increased amid stalled US-Iran negotiations, raising concerns over supply disruptions in the Strait of Hormuz. The geopolitical deadlock, which began in April 2026, has heightened fears of energy shortages, potentially impacting global markets. The situation underscores the ongoing risks associated with energy dependencies and geopolitical tensions in the region.

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