Oil gained as traders weighed conflicting reports on Iran’s uranium enrichment, a key sticking point in peace negotiations with the US that could dictate the pace of reopening the vital Strait of Hormuz.
Geopolitics Bloomberg May 20, 2026
Oil Edges Higher as Iran’s Uranium Stance Clouds Hormuz Outlook
Oil gained as traders weighed conflicting reports on Iran’s uranium enrichment, a key sticking point in peace negotiations with the US that could dictate the pace of reopening the vital Strait of Hormuz.
