Oil settles up over $2 as Iran war stalemate stokes supply concerns — Live Feedhttps://www.live-feeds.com/feed/oil-settles-up-over-2-as-iran-war-stalemate-stokes-supply-concernsContinuously updated, source-cited coverage. Oil prices rise over $2 as Iran war stalemate stokes supply concernshttps://www.live-feeds.com/feed/oil-settles-up-over-2-as-iran-war-stalemate-stokes-supply-concernshttps://www.live-feeds.com/feed/oil-settles-up-over-2-as-iran-war-stalemate-stokes-supply-concerns#u44946Tue, 18 Aug 2026 18:55:16 +0000Oil prices have risen over $2 due to stalled US-Iran peace talks and supply concerns. The Strait of Hormuz shipping has slowed, and Iran has ruled out an interim deal extension, threatening to escalate the conflict. Oil prices climbed after a reported tanker seizure by Iran. The developments have led to increased uncertainty in the Middle East, causing stocks to fall and oil gains.Why it mattersThe ongoing tensions between the US and Iran have significant implications for the global oil market, as the Strait of Hormuz is a critical waterway for oil shipments. The stalled peace talks and threat