Oil Prices Climb Amid Stalled Iran Nuclear Talks
Oil prices climbed for a third consecutive day due to ongoing disagreements in US-Iran nuclear negotiations, impacting global supply.
17 May 2026
Oil prices climbed for a third consecutive day due to ongoing disagreements in US-Iran nuclear negotiations, impacting global supply.
Bond market yields surge as Strait of Hormuz closure pushes inflation fears and sparks talk of rate hikes.
US oil waivers for Russia and Iran are expected to be renewed as April deadlines near, despite scrutiny over limited price relief and revenue effects.