The US-Iran conflict is showing no signs of immediate resolution though both sides have acknowledged that talks continue. As the conflict has continued for weeks, pressure on the Strait of Hormuz - a critical shipping corridor has persisted - affecting energy movement and supply chains worldwide.

Oil prices saw marginal gains as fresh threats between Iran and the US heightened concerns over the Strait of Hormuz closure. While Iran examines a new US proposal, President…

Oil prices saw a rise on Friday amid doubts about U.S.-Iran peace talks. Investors are concerned about Middle East instability and potential supply disruptions. Despite some…

The conflicting statements on key issues left it unclear if the two sides were any closer to a deal after renewed threats of escalation in recent days

The US-Iran conflict is showing no signs of immediate resolution though both sides have acknowledged that talks continue. As the conflict has continued for weeks, pressure on the…

The war and the curtailment in supplies have seen global stockpiles of crude oil and products being drawn down at a record pace, according to Goldman Sachs Group Inc