NEW DELHI/SINGAPORE (Reuters) – Oil prices rose on Monday as fading expectations of a U.S.-Iran peace breakthrough and slower tanker traffic through the Strait of Hormuz reinforced geopolitical risk concerns in the market. Brent crude futures rose as much as 1% to $89.40 per barrel and were last trading up 72 cents at $89.20 by… Continue reading Oil rises as US-Iran peace talks stall, Hormuz shipping slows
