Iran blocks US talks, oil prices face fresh threat as Hormuz stays uncertain

Oil prices could come under renewed upward pressure after Iran ruled out resuming direct negotiations with the United States for now, raising fresh uncertainty over the reopening of the Strait of Hormuz, a key route for global energy supplies. Iranian Foreign Minister Abbas Araghchi said on Sunday that Tehran would not resume negotiations with Washington […] The post Iran blocks US talks, oil prices face fresh threat as Hormuz stays uncertain appeared first on Nairametrics .