Oil Prices Soar as Iran Halts US-Iran Ceasefire Negotiations

July WTI crude oil (CLN26 ) on Monday closed up +4.80 (+5.49%), and July RBOB gasoline (RBN26 ) closed up +0.0503 (+1.66%). Crude oil prices on Monday rallied sharply after Iran's Tasnim news agency reported that Iran's government said in a statement that it halted the exchange of messages with...Oil tanker in open sea by StockStudio via Shutterstock