US President Donald Trump announces new negotiations with Iran, leading to a nearly 5% drop in oil prices. As tensions rise in the Strait of Hormuz, what does this mean for global energy supplies?

Brent crude futures slipped US$5.52, or 6.28 per cent. Read more at straitstimes.com. Read more at straitstimes.com.

TOKYO/SINGAPORE: Oil prices tumbled $4 a barrel on Monday after US President Donald Trump held off on a fresh attack on Iran, seeking to reach a quick deal that would halt…

Brent for October lost as much as 7.3% in early Asia trade, after futures surged almost a quarter in July in their biggest monthly gain since March.