Oil prices: Crude rises amid uncertainty over US-Iran negotiations & Hormuz reopening

 Oil prices saw a slight uptick as US-Iran talks and the potential reopening of the Strait of Hormuz created market jitters. Conflicting signals from Washington and Tehran fueled uncertainty, with traders closely watching any progress or breakdown in negotiations. Developments around the crucial energy route remain a key focus, impacting global supply routes and risk sentiment. Oil prices saw a slight uptick as US-Iran talks and the potential reopening of the Strait of Hormuz created market jitters. Conflicting signals from Washington and Tehran fueled uncertainty, with traders closely watching any progress or breakdown in negotiations. Developments around the crucial energy route remain a key focus, impacting global supply routes and risk sentiment.