Oil Prices Hold Steady as Hormuz Shipping Slows Amid Iran US Peace Talks Stall The global oil market has long been a volatile beast, susceptible to even slight perturbations in geopolitics.
Despite recent developments in the Strait of Hormuz, or perhaps because of them, crude prices have remained steady.
This is no cause for celebration; rather, it's a stark reminder that the world's most pressing conflicts can have far reaching and complex consequences.