Business & Economy MarketWatch 1h 24m ago

Global oil prices jump 7% to top $97 a barrel after Iran reportedly suspends talks with U.S. and fully closes Strait of Hormuz

U.S. and global oil prices were surging Monday after Iran reportedly suspended talks with the U.S.

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U.S. and global oil prices were surging Monday after Iran reportedly suspended talks with the U.S. and closed the Strait of Hormuz in response to Israeli military operations in Lebanon.

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