Oil prices were up Monday as a standoff between the U.S. and Iran in the Strait of Hormuz remained despite a ceasefire, while Pakistan leaders were seeking to revive stalled talks between the two countries.
Iran’s Foreign Minister Abbas Araghchi was in Russia Monday for a meeting with President Vladimir Putin as part of a trip that included two stops in Pakistan and a visit to Oman, which shares the strait with the Islamic Republic.
Pakistan-led mediators are working to bridge significant gaps between the U.S. and Iran, according to a…

