Crude futures tumbled more than 5% on Monday after President Trump said an Iran agreement is close. But a leading commodity strategist told investors to "sell the tweet" — and a Bloomberg energy columnist warns the Strait of Hormuz may never fully reopen.

Trump says US-Iran negotiators are close to a deal built on a 14-point framework. Here's why crypto markets are reacting to Middle East de-escalation.

Trump says an Iran deal is largely negotiated, including reopening the Strait of Hormuz. Here's what it means for oil, markets, and crypto.

US President Donald Trump said a peace deal with Iran was nearing completion and that the reopening of the strategic Strait of Hormuz would be announced shortly, even as an…

Trump had said an agreement with Iran to open the Strait of Hormuz, among other issues, was largely negotiated and would be announced soon.

Global crude benchmark Brent fell as much as 5.2% to $98.12 a barrel, while West Texas Intermediate was near $92.

Oil Tumbles, Stock Futures Rise Amid Hopes for Iran Deal

Brent Crude fell by over five per cent on Monday on news of progress between Iran and the US in peace negotiations.

Crude futures tumbled more than 5% on Monday after President Trump said an Iran agreement is close. But a leading commodity strategist told investors to "sell the tweet" — and a…

“After today’s market moves, the most likely scenario already appears to be largely priced in. Therefore, I would expect some ‘sell the news’ dynamics once a deal is finally…

The outline of a deal to end the war with Iran is emerging, but its aftermath will be higher oil prices and the humiliation of the Trump administration.