Oil Futures Retreat As U.S.-Iran Talks Make Some Headway

Oil futures settled lower on reports of progress in U.S.-Iran talks and more ships crossing the Strait of Hormuz.

U.S. Allows Iran to Sell Oil in Dollars for First Time in Decades

The decision temporarily dismantles sanctions imposed on Tehran's oil industry, making it easier for the regime to repatriate profits from its crude exports.

Chevron Strikes Power Deal With Microsoft for West Texas AI Data Center