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L3Harris ousts CEO Kubasik over conduct breach, names insider Mehta as replacement
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Oil Prices Rise
Digest more
Oil prices up as ceasefire deal expires
Ship traffic through the Strait of Hormuz is (once again) essentially halted. Play
Oil jumps past $91 as Trump casts doubt on a new deal with Iran
The price of oil jumped sharply Monday after President Donald Trump cast doubt on another deal with Iran to extend the expiring ceasefire with Iran.
What the US.-Iran stalemate means for oil prices
The U.S. and Iran remain in a stalemate as the 60-day negotiation period expires, and access to the Strait of Hormuz remains unclear. Emily Peck, a markets correspondent for Axios, joins with more.
Oil prices retain risk premium as Iran, Oman progress talks on Strait of Hormuz
Oil prices retained a substantial risk premium with Brent crude and WTI gaining in mid-morning European trade.
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