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.

Secretary of State Marco Rubio told journalists in India that “there’s been some progress made” and “there may be news later today.”

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…

Global prices are approaching a tipping point that could trigger inflation, shortages and, over time, recession

Trump tempers hopes on US-Iran deal as major gaps remain over uranium, sanctions relief and control of the Strait of Hormuz.

The United States is close to reaching a deal with Iran that would end the war, reopen the Strait of Hormuz and see Iran give up its stockpile of highly enriched uranium, regional…

Donald Trump, the United States president has said Washington and Tehran are close to reaching a major agreement...

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

Oil prices have dropped significantly as markets react to potential peace talks between the United States and Iran. Asian stock markets saw early gains on Monday. President Donald…

Oil Futures Edge Down as Ships Move Toward Hormuz

Oil Futures Edge Down as Ships Move Toward Hormuz

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

A top oil market expert warns traders are misreading Iran signals — and that a major price spike is coming in July as the Strait of Hormuz closure grinds on.

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…