Oil prices rise amid uncertainty over U.S.-Iran Strait of Hormuz deal

CNBC reports oil prices were mixed today as traders navigate uncertainty over whether the United States and Iran will reach a deal to open the Strait of Hormuz. The strait is a crucial passageway for global oil shipments, and concerns that an agreement may not materialize soon are keeping energy markets volatile.

Listen to this story

Hear this and more stories in a personalized audio briefing.

Open The Chonkerton