Oil prices fell on Friday, extending losses from the previous session after US President Donald Trump had cancelled plans to launch strikes on Iran, easing concerns about a further escalation in ho…

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

NEW YORK: Oil prices fell about 5 per cent on Tuesday after Iran and Israel said they had halted attacks on each...

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…