International oil prices opened higher on Monday after Trump warned he would strike Iran if Hezbollah continues to attack Israel, a move that raised doubts over progress in talks between Washington and Tehran. WTI crude rose as much as 1.7%. The warning came days after Trump signed a memorandum last week launching a 60‑day negotiation window; high‑level talks began at the Bürgenstock resort in Switzerland. Iran said it had again closed the Strait of Hormuz, but millions of barrels continued to t

2026-06-22

International oil prices opened higher on Monday after Trump warned he would strike Iran if Hezbollah continues to attack Israel, a move that raised doubts over progress in talks between Washington and Tehran. WTI crude rose as much as 1.7%. The warning came days after Trump signed a memorandum last week launching a 60‑day negotiation window; high‑level talks began at the Bürgenstock resort in Switzerland. Iran said it had again closed the Strait of Hormuz, but millions of barrels continued to transit the waterway over the weekend.

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