Asian shares are mixed and oil is trading below $80 a barrel, as markets watch for details on the interim agreement to end the U.S.-Iran war.
There’s a big difference between reopening the Strait of Hormuz on paper and actually resuming the flow of oil through it.
Energy prices tumbled and stocks jumped Monday — but only moderately — after the U.S. and Iran said they had reached a deal to reopen the Strait of Hormuz.
Commodity analysts warn that oil price volatility is likely to persist, despite the U.S.-Iran peace agreement.
Shares have soared in Asia after a tentative deal was announced on ending the Iran war and reopening the Strait of Hormuz.
The president called on oil tankers to "start [their] engines" in a post to Truth Social.
Brianna and Kierianna Long were hit with a slew of charges, including assault with intent to murder, for the beatdown that unfolded on May 30 at a Detroit chick...
The U.K.'s Ministry of Defence says the SMYRTOS was in the English Channel and will be held off the south coast during investigations.
A Northern California McDonald’s manager broke his silence after his coworker allegedly threw hot oil on him and is receiving treatment at the UC Davis Medica...
Battalion Oil shares jumped 16.44% after hours as heightened Middle East tensions fueled strong buying activity.
President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.
India says its energy policy is guided by national interest and pricing, as Hardeep Singh Puri rejects claims of pressure over Russian oil imports
A McDonald’s worker has been hospitalized in the ICU for more than a week with severe burns after a coworker allegedly threw scalding hot oil on him.
U.S. Central Command said Tuesday that it had defeated multiple Iranian ballistic missiles following "attempted attacks" by Iran.
Trump's 'I Don't Care' attitude towards Iran negotiations could spike gas prices in the U.S. as high fuel costs continue affecting people.
The French Navy on Sunday boarded an oil tanker, named the Tagor, which was subject to international sanctions and sailing from Russia, French President Emmanue...