The failed peace talks left investors on edge with little visibility on how the blockade will be implemented, and how long and deep an oil shock needs to be priced in.
The price of oil surged Sunday night after President Donald Trump said the U.S. would blockade the Strait of Hormuz following the failure of peace talks with Iran.U.S.
The United States and Iran failed to reach an agreement after a day of highly anticipated face-to-face peace talks, Washington's lead negotiator Vice President J.D. Vance announced on Sunday.
