fromwww.theguardian.com
1 week agoOil price tops $100 a barrel after peace talks fail and Trump orders blockade
Oil prices jumped back above $100 a barrel after weekend talks between the US and Iran ended without an agreement and Donald Trump imposed a blockade of the strait of Hormuz. Brent crude rose by nearly 7% to $101.74 a barrel on Monday morning, while US crude is up more than 8% to $104.69 a barrel.
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