Oil prices jump 4% as Rubio says Iran 'not serious' about peace talks
- Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman.
- Elke Scholiers | Getty ImagesOil prices were almost 4% higher on Wednesday morning following the 11th consecutive round of U.
- strikes against Iran overnight, as Secretary of State Marco Rubio said the Strait of Hormuz remains a sticking point between the two sides.
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- Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos around Qaboos Port on June 21, 2026 in Muscat, Oman.
- Elke Scholiers | Getty ImagesOil prices were almost 4% higher on Wednesday morning following the 11th consecutive round of U.
- strikes against Iran overnight, as Secretary of State Marco Rubio said the Strait of Hormuz remains a sticking point between the two sides.
Sources: Cnbc