Oil prices rose above $100 per barrel again.
After failed talks between the United States and Iran.
Held in Islamabad.
As the US Navy prepares action.
To control shipping in the Strait of Hormuz.
Brent crude futures surged.
Reaching $102.31 per barrel.
With gains exceeding 7%.
After a previous session decline.
WTI crude also climbed.
To $104.43 per barrel.
Recording strong trading gains.