By Isabel Wang and Myra P. Saefong

Oil prices jumped and equities struggled on Monday as Middle East peace talks stumbled and tensions mounted between Iran and the United States.Crude futures shot around seven…

Trump's talks with Iran lead to oil price drop, easing geopolitical tensions and pausing US military actions.

Oil prices extended gains after Trump sent Iran’s draft peace deal back for revisions, casting doubt on when the Strait of Hormuz will fully reopen.

By Isabel Wang and Myra P. Saefong

(Bloomberg) -- Wall Street traders sent stocks higher as oil pared its rally after President Donald Trump said talks with Iran are continuing at a “rapid pace,” adding that Israel…

By Isabel Wang and Myra P. Saefong

By Isabel Wang and Myra P. Saefong

The US president rejects Iran’s claims talks are off and boasts he has negotiated a ceasefire between Israel and militant group Hezbollah in Lebanon.