Oil prices climbed on Monday. Hopes for peace with Iran dimmed after an attack on a UAE nuclear plant. President Trump is reviewing military actions. Drone attacks on the UAE and Saudi Arabia increased fears of wider conflict. The Strait of Hormuz remains a key concern for global oil and gas shipments.

Oil prices surged this week as U.S. President Trump and Iran's foreign minister exchanged remarks, dampening hopes for a near-term agreement on ship attacks around the Strait of…

Oil prices climb towards $110 a barrel as US-Iran tensions escalate over the Strait of Hormuz. President Trump's warnings add to market volatility.

Oil prices extended their rally on Monday, jumping more than 2% as intensifying geopolitical tensions kept traders on edge and efforts to de-escalate the Middle East conflict…

Oil prices climbed on Monday. Hopes for peace with Iran dimmed after an attack on a UAE nuclear plant. President Trump is reviewing military actions. Drone attacks on the UAE and…

Crude oil futures rise sharply amid escalating tensions and drone strikes in the Gulf region, influencing global oil prices.

“These drone strikes are a pointed warning," analyst says; brent crude futures climb $2.01, or 1.84 per cent, to $111.27 a barrel.

Oil prices dipped Tuesday after President Trump delayed a planned military strike on Iran, following appeals from Middle Eastern leaders. This de-escalation eased immediate…