Oil prices ease amid the latest comments from the White House, but experts warn they will stay high even after any deal.

Two Chinese tankers laden with oil exited the Strait of Hormuz on Wednesday, shipping data showed, brightening hopes that the US-Israeli conflict with Iran

Supertankers to South Korea and China move through the Strait of Hormuz, signaling tentative progress in US-Iran diplomacy and a possible stabilisation of energy markets.