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Oil jumps more than 2% as US-Iran peace talks stall

SINGAPORE, April 27 (Reuters) - Oil prices rose on Monday as peace talks between the U.S. and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight. Brent crude futures rose $2.22, or 2.11%, to $107.55 a barrel by... Read More.

Oil jumps, stock futures slip as US-Iran talks stall

SINGAPORE, April 27 (Reuters) - Oil prices rose, the dollar inched higher and U.S. stock futures wobbled lower in early Asia trade on Monday after U.S.-Iran peace talks stalled over the weekend, leaving Gulf shipping blocked. Benchmark Brent crude futures rose more than 2% to... Read More.