Trump issues new ultimatum to Tehran to end its chokehold over major Persian Gulf waterway

President Donald Trump warned Sunday in an expletive-filled social media post that Iran would be "living in Hell" if they do not open the Strait

Brent crude rose above $110 then eased as the US and Iran traded plans for a potential ceasefire.

Trump issues new ultimatum to Tehran to end its chokehold over major Persian Gulf waterway

The price of oil seesawed in trading in response to U.S. President Donald Trump's imminent threat to obliterate Iranian power plants and bridges.

Mixed stock market reaction to president’s comments, while IMF chief warns of inflation and slower growth