A source with knowledge said another round of negotiations between the U.S. and Iran is expected next week.

Renewed hostilities between the US and Iran have also heightened safety and security concerns around the Strait of Hormuz.

US President Donald Trump said Wednesday the ceasefire with Iran was “over” after the two sides traded fire, but added that negotiators could keep talking

Uncertainty over the ceasefire means uncertainty over prices.

President Trump stated the United States informed Iran that the ceasefire is now over. Tehran has requested continued negotiations, which Washington has agreed to pursue. This…