Oil Prices Rebound From Four-month Lows Ahead Of Peace Talks

Oil prices rose on Monday, recovering from four-month lows, as the U.S. and Iran agreed to peace talks in Doha, Qatar, following renewed hostilities. The discussions aim to resolve disputes over shipping routes and transit fees, which had been disrupted by recent attacks. Despite the agreement, concerns remain about unexploded naval mines in the Strait of Hormuz, potentially delaying the safe reopening of the shipping corridor.