Oil prices up 2% as no end to Iran war stand-off seems in sight
Government
April 28 : Oil prices rose nearly 2 per cent on Tuesday, extending gains from the previous session, as efforts to end the U.S.-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers. U.S. President Donald Trump is unhappy with the latest Iranian proposal aimed at ending the war, a U.S. official said on Monday. Iranian sources disclosed on Monday that Tehran's
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