President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.

Oil prices moved slightly higher in early trading on Tuesday as investors assessed the risk of renewed conflict between Iran and Israel despite a recent pause in hostilities…

Investors wait to see if truce holds

Oil prices dropped Friday, extending previous losses as U.S. President Trump canceled planned strikes on Iran, easing fears of escalating hostilities. Brent futures fell 1.3% and…

Crude oil futures fall as Trump hints at a potential peace deal with Iran, affecting market dynamics significantly.