Oil prices have dipped this week amid persistent reports that Trump and Iran could be close to sealing the agreement that has eluded the two sides for over a month.

The U.S. and Iran reached a tentative agreement this week to continue the ceasefire for 60 days and reopen the Strait of Hormuz.

US President Donald Trump said he was making his final decision on a potential deal with Iran on Friday, as Tehran insisted any agreement on ending the Middle East war hinged on…

Trump said he was meeting in the Situation Room to make a "final determination" on negotiations with Iran, after laying out demands.