The price of crude oil has swung sharply as uncertainty over the war in the Middle East continues.

The price of crude oil has swung sharply as uncertainty over the war in the Middle East continues.

Oil extended gains Thursday on signs of a prolonged U.S. blockade of Iranian exports and stalled nuclear negotiations.

Oil markets spooked as Donald Trump appears willing to maintain the US Navy blockade and Iran keeps strait of Hormuz all but shut

US President Trump meets with oil firms over ways to minimise impact on fuel supplies amid US blockade of Iranian ports.