New Delhi, April 27 -- International oil prices rose over 1% on Monday morning amid a stalemate in US-Iran peace talks, intensifying concerns over supply disruptions through the Strait of Hormuz.

At 7:25 am, the June contract of Brent on the Intercontinental Exchange was trading at $107 per barrel, up 1.55% from its previous close. The May contract of West Texas Intermediate on the NYMEX rose 1.51% to $95.83 per barrel.

The diplomatic setback has rattled energy markets already on edge over the Strait of Hormuz blockade, a chokepoint that handles nearly a fifth of global oil trade. Any prolonged disruption threatens tighter supplies, higher prices and deeper strain on major importers such as India.

The second round of negotiations stall...