Oil Prices Climb as US and Iran Remain Deadlocked Over Hormuz
Key Points: Oil prices rise for the fourth consecutive day. US and Iran remain in a stalemate over the Strait of Hormuz. Trump extends truce, but Iran has no immediate plans for talks. Iran's gunboats fire on commercial ships in the strait. Oil prices rose for a fourth straight day as the United States and Irancontinued their standoff over control of the Strait of Hormuz....