NEW YORK: Oil prices were up about $5 a barrel on Monday after Iran’s Tasnim news agency reported that Tehran is...

Oil prices sharply rose on Monday afternoon as Iran suspended all indirect talks with the US and vowed to fully close the Strait of Hormuz.

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

Iran said it will halt nuclear talks with the U.S. and block the key shipping chokepoint until Israel withdraws from Lebanon

The fighting in the Middle East dimmed hopes that the U.S. and Iran could soon announce an extension to their ceasefire.

Escalating tensions between Iran, the US and Israel send oil prices sharply higher

NEW YORK: Oil prices were up about $5 a barrel on Monday after Iran’s Tasnim news agency reported that Tehran is...