Oil Prices Rise As Hormuz Reopening Hopes Fade

Brent futures reach $90 a barrel US officials had suggested a near-term agreement with Iran to reopen the Strait of Hormuz, but the market remains skeptical. The lack of progress has led to an extension of the recovery in oil prices. Brent futures are rising for

Brent futures reach $90 a barrel

US officials had suggested a near-term agreement with Iran to reopen the Strait of Hormuz, but the market remains skeptical.

The lack of progress has led to an extension of the recovery in oil prices.

Brent futures are rising for a fifth session, driven by concerns over supply disruptions.

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