Oil prices turn lower on hopes for Iran deal; crude supplies are declining as travel season starts Memorial Day weekend

Physical supplies of oil through the Strait of Hormuz are 95% below regular levels.

Global Economy Slowing as Middle East Conflict Bites, Surveys Show

Business activity in the U.S. grew at a steady pace in May while slowing in Europe and Asia as energy costs have risen.

Dow Closes at Record High Amid Hopes of Mideast Progress