NEW YORK — World oil prices climbed sharply on Friday, with Brent crude topping $105 per barrel and WTI hovering near $97 as stalled U.S.-Iran ceasefire talks and persistent disruptions in the Strait of Hormuz kept markets on edge amid one of the most significant supply shocks in recent years.
Oil Prices Spike Above $105 as Strait of Hormuz Tensions Fuel Global Supply Fears
