Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some narrowing of gaps, a deal remains elusive. Oil futures experienced an increase. The market is still set for a weekly decline. Full oil flows through the Strait of Hormuz may not resume until 2027.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets