Categories: Business

Stocks and oil prices rise amid impasse over Strait of Hormuz reopening

Stocks and oil prices rose slightly on Friday, with little sign of concrete progress in talks on a peace deal between the United States and Iran.

Pakistan and Qatar have sent envoys to Iran, officials and diplomats said on Friday, as mediators stepped up efforts to prevent the collapse of a month-long ceasefire between Washington and Tehran.

Nearly three months after fighting began, disagreements continue over the fate of Iran’s uranium supplies and reports that Iran and Oman may impose transit fees on ships passing through the Strait of Hormuz. The Trump administration has warned against charging ships to transit through the strait, a key shipping route for oil and gas.

Under a fragile ceasefire, negotiations on the points of a lasting peace agreement appear to be far from complete.

Times Reporter

Recent Posts

Robert Pattinson, Suki Waterhouse Love Story

Are Robert Pattinson and Suki Waterhouse married? Why his comments are causing a stirThe beginning…

1 week ago

What to Know About Microdosing GLP-1 and the Rise of Lower Dose Protocols

Microdosing GLP-1 is exactly what it sounds like. Smaller, more controlled doses of GLP-1 receptor…

3 weeks ago

Why New Real Estate Investors Should Work with a Loan Partner Who Can Guide the Process

There’s a learning curve in real estate investing that most people underestimate. A new investor…

4 weeks ago

Naomi Watts wants women to take charge of menopause: ‘We’re half the population’

Naomi Watts, founder and chief creative officer of Stripes Beauty, speaks at the CNBC Changemakers…

1 month ago

Citigroup (C) Q1 2026 results

Jane Fraser, CEO of CitiGroup, speaks at the World Economic Forum in Davos, Switzerland, on…

1 month ago

Olandria on preparing for Coachella with Barbie

On Friday, the first day of Coachella, the palm trees were swaying and the sun…

1 month ago

This website uses cookies.