https://www.live-feeds.com/feed/oil-struggles-for-direction-as-us-iran-talks-stall-hormuz-shipping-slowsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-struggles-for-direction-as-us-iran-talks-stall-hormuz-shipping-slowshttps://www.live-feeds.com/feed/oil-struggles-for-direction-as-us-iran-talks-stall-hormuz-shipping-slows#u44663Tue, 18 Aug 2026 02:30:38 +0000Oil prices are showing mixed movement and struggling for direction as peace talks between the United States and Iran reach a deadlock. Market volatility is driven by a sharp decline in shipping traffic through the Strait of Hormuz following tanker attacks. While some reports indicate oil is advancing or hanging onto gains due to these risks and tensions in Lebanon, other data suggests prices remain unsettled. Shipping volume in the strait has dropped significantly over the weekend, with some reports describing the traffic as having ground to a halt.Why it mattersThe Strait of Hormuz is a criti