The U.S. Is Maintaining Its Naval Blockade On Iran With No Deal In Sight. Oil Is Rising.

Source: International Business Times

Oil is rising on Monday as a deal to reopen the Strait of Hormuz remains elusive. Oil is rising on Monday as a deal to reopen the Strait of Hormuz remains elusive, with President Donald Trump signaling continued economic pressure and Tehran renewed demands to reach any deal. Brent crude, the international benchmark, climbed 1.