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Brent crude surges over $120 a barrel on Iran war worries, while world stocks are mixed

HONG KONG (AP) — The price of Brent crude oil briefly surged past $126 a barrel early Thursday as stalled U. S. -Iran talks raised doubts over the reopening of the Strait of Hormuz and a permanent end to the Iran war. Brent crude to be delivered in June jumped 3. 3% to $121. 90 after briefly soaring past $126 per barrel. Brent to be delivered in July rose 1. 4% to $112. 02. Benchmark U. S. crude climbed 1. 3% to $108. 28 per barrel. Before the war began in late February, Brent crude was $70...

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