Oil rises on U.S.-Iran strikes; gains capped by shipping hopes
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Article Excerpt
Oil rises on U.S.-Iran strikes; gains capped by shipping hopes
REUTERS
PUBLISHED JUNE 29, 2026
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Oil prices settled up more than 1% on Monday after attacks by the U.S. and Iran underscored the fragility of their interim peace deal, while cautious hopes of a continued recovery in energy shipping through the Strait of Hormuz limited gains.
Iranian and U.S. technical teams working on the implementation of an interim peace deal are expected to meet in Doha …
Read full article at The Globe and Mail ↗
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Jul 29, 2026