Oil prices near 4-month high as Iran and Oman delay Strait of Hormuz talks

What to know about the Iran war today:Oman's government said a meeting scheduled for Monday in Muscat with officials from Iran and other regional countries, to discuss future control of the Strait of Hormuz, was being postponed "in the interests of consensus."The price of Brent crude, the international benchmark for oil, jumped Monday to about $108 per barrel, its highest mark in almost four months. U.S. crude also continued its rise, selling Monday at over $103.26 per barrel, or more than 20% higher than a month ago.Fighting between Iran's Houthi allies and Yemen's Saudi-backed government forces intensified Sunday after the rebels captured new ground in Yemen that could help them tighten their chokehold on Saudi oil exports via the Red Sea. 8m ago Fighting intensifies in Yemen after Houthis expand control of key shipping lane The conflict in Yemen intensified on Sunday as government forces launched attacks against Iran-backed Houthi rebels along the Red Sea coast, and the Houthis fired into neighboring Saudi Arabia, which supports Yemen's government.Yemen's government vowed to send more forces to the Red Sea coastal region as one official conceded a "painful" defeat last week as t...