Oil declined in early Asian trade as traders weigh the prospects of a U.S.-Iran deal.

An agreement between the U.S. and Iran that reopens the Strait of Hormuz to shipping promises to knock down oil prices and ease the upward…

Oil fell as U.S. officials gave further, positive signals on progress toward a deal with Iran to reopen the Strait of Hormuz. Read more.

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

Peace talks between the US and Iran could lead to a significant drop in oil prices, impacting global fuel costs. Learn how the Strait of Hormuz reopening a

The strait – which links the region to world markets – has been subject to a double blockade, with curbs imposed by both Iran and the US.

Asian stocks climbed and crude oil fell after US officials signaled that a deal with Iran to reopen the Strait of Hormuz and restore oil flows may be near. The doll…

Oil prices fell sharply as traders priced in growing hopes that a U.S.-Iran deal could reopen the Strait of Hormuz and ease the global supply shock.

US stock futures rose as hopes for an Iran war deal boosted risk appetite, though oil prices and the dollar slipped. While President Trump indicated progress on a peace deal to…

Oil Tumbles, Stock Futures Rise Amid Hopes for Iran Deal

Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with…

Oil prices fell and Asian stocks climbed on Monday over hopes a deal between the United States and Iran to open the Strait of Hormuz could be brokered.The price of North Sea Brent…

Oil Futures Edge Down as Ships Move Toward Hormuz

Crude oil futures dip amid cautious market response to US-Iran deal negotiations, signaling potential impact on global oil supply.

Oil Futures Edge Down as Ships Move Toward Hormuz

Oil Slides as Ships Move Toward Hormuz

Washington and Tehran appear close to agreeing on ending the Middle East war that has effectively closed the Hormuz strait, driving up energy prices and stoking global inflation.

Concurrently with rising speculation over Iran and the United States reaching an agreement to de-escalate tensions and reopen the Strait ...

Oil prices fell about 5% to two-week lows on Monday as optimism grew that the United States and Iran were moving closer to a peace deal that would reopen the Strait of Hormuz,…

WTI, Brent slide over 6% as ‘war risk premium’ fades on US-Iran talks

Oil rebounded as fresh U.S. military strikes in Iran clouded the outlook for a deal to reopen the Strait of Hormuz. Read more.