US president Donald Trump threatened further strikes against Iran following the first exchange of direct attacks between the countries in a month

LONDON, Aug 31 : Oil prices were trading nearly 2 per cent higher on Monday after the U.S. attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran, as…

NEW YORK, Sept 1 : Oil prices jumped about 4 per cent to a one-week high on Tuesday as a resumption in fighting between the U.S. and Iran renewed fears of supply disruptions from…