SINGAPORE, April 27 (Reuters) – Oil prices rose on Monday as peace talks between the U.S. and Iran stalled while shipments through the Strait of Hormuz remained limited, keeping global oil supplies tight.
Brent crude futures rose $2.22, or 2.11%, to $107.55 a barrel by 2202 GMT and U.S. West Texas Intermediate was at $96.42 a barrel, up $2.02, or 2.14%.
(Reporting by Florence Tan; Editing by Edmund Klamann)
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