(New York, 22nd, CNA) With peace talks between the United States and Iran at a stalemate, both sides are using the crucial Strait of Hormuz to gain leverage, leading to a rise in international oil prices today.
The settlement price for West Texas Intermediate (WTI) crude for June delivery on the New York Mercantile Exchange rose 3.7% to close at $92.96 per barrel.
The price for London Brent crude for June delivery increased by 3.5%, closing at $101.91 per barrel. (Translator: Chen Zhengjian) 1150423
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- Source: CNA (Central News Agency)
- Category: Taiwan