Oil prices climb as Iran talks hit new impasse; Tui hit by high fuel costs – business live

Brent crude prices hover near $90 per barrel, as fallout from Iran war hits travel firm Tui’s profits Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. Oil prices are still on the rise, as fresh attacks on ships raise concerns about disruptions to Middle Eastern fuel supplies, adding to doubts over the prospects of a US-Iran peace deal. Yesterday, the rally in US crude paused for a minute after Pakistan’s Defence Minister said that the...

By Kalyeena Makortoff