President Trump has threatened to launch military strikes on Iran if the Islamic Republic doesn't agree to a deal on its nuclear program.
Crude oil prices jumped about 3% on Wednesday following a report that planned talks between the U.S. and Iran are on the verge of collapsing.
U.S. crude
oil rose $1.80, or 2.9%, to $65.01 a barrel by 12:45 p.m. ET. Global benchmark Brent
was up $1.88, or 2.8%, to $69.21 a barrel.
The move in oil prices came after Axios reported that Iran and the U.S. disagree on the location for talks planned for Friday.
Multiple sources told Reuters that Trump is weighing targeted strikes on Iranian security forces and leaders to inspire…
The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war,…
President Donald Trump has repeatedly threatened to intervene if the Islamic Republic kills protestors.
Trump told reporters in the Oval Office that "we've been told that the killing in Iran is stopping. It's stopped. It's stopping,…
President Donald Trump said Thursday that he would make his decision on striking Iran within the next two weeks.
Concerns about a U.S. strike on Iran had been mounting after Trump vowed to take action against the regime’s crackdown on…
