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The Economic Times
The Economic Times
Business
Veer Sharma

Oil Price Today (May 15): Crude oil above $105 as Iran war resolution stagnates. Where is liquid gold headed?

Oil Iran Donald Trump United States China Strait of Hormuz Jamieson Greer Xi Jinping Hormuz Morgan Stanley

Oil prices moved higher on Friday as worries over ship attacks and vessel seizures kept traders cautious, despite Iran stating that nearly 30 ships had safely crossed the Strait of Hormuz.

Markets were also watching closely as U.S. President Donald Trump and Chinese President Xi Jinping entered the second day of talks in Beijing.

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