Iran War Updates: Oil prices stay above $100 per barrel as Oman-Iran talks on Strait of Hormuz postponed — Live Feedhttps://www.live-feeds.com/feed/iran-war-updates-oil-prices-stay-above-100-per-barrel-as-oman-iran-talks-on-strait-of-hormuz-postponedContinuously updated, source-cited coverage. Gulf States Postpone Hormuz Talks as Oil Prices Hit $108https://www.live-feeds.com/feed/iran-war-updates-oil-prices-stay-above-100-per-barrel-as-oman-iran-talks-on-strait-of-hormuz-postponedhttps://www.live-feeds.com/feed/iran-war-updates-oil-prices-stay-above-100-per-barrel-as-oman-iran-talks-on-strait-of-hormuz-postponed#u69868Wed, 16 Sep 2026 06:01:01 +0000Gulf states and Iran have postponed meetings to discuss reopening the Strait of Hormuz, causing Brent crude oil to reach $108 per barrel. An Omani official confirmed the postponement of talks that excluded US participation. The diplomatic stall coincides with intensified conflict in Yemen, including Houthi strikes on a Saudi airbase and attacks injuring Saudi civilians. Consequently, tanker traffic through the strait has dwindled, driving oil prices to a near four-month high amid growing fears of a wider regional conflict.Why it mattersThe Strait of Hormuz is a critical global chokepoint for o