Donald Trump said Iran wants a deal with the US but negotiations are not yet satisfactory, warning of further action if no agreement is reached.

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…

Iran state TV said an unofficial US-Iran framework proposes restoring Strait of Hormuz shipping and easing regional tensions after the conflict.

Donald Trump said Iran wants a deal with the US but negotiations are not yet satisfactory, warning of further action if no agreement is reached.