Oil prices climb towards $110: Brent crude, WTI continue to rise as US-Iran peace talks stall
Oil prices continued their rally on Tuesday, extending gains from the previous session as market sentiment remained cautious due to stalled peace efforts between US–Iran. The Middle East conflict, which has now touched the two month mark has disrupted the crucial Strait of Hormuz, limiting oil flows across the globe. WTI Crude was trading at…