CNBC·4 min read·hard
Hormuz Deadlock: Where oil prices could head next as prospects for an imminent deal fade - CNBC
J
Jenni Reid
✦AI Summary
Oil prices are rising as hopes for a quick resolution to the Strait of Hormuz shipping deadlock fade. Analysts warn that current market stability may be short-lived if diplomatic progress stalls.
Oil prices remain below their recent peaks even as prospects for a quick reopening of the Strait of Hormuz fade, a disconnect analysts warn may not last.
economyworldbusiness
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