Trump said on Saturday that an agreement would include the reopening of the Strait of Hormuz, without giving further details.

Global oil prices dropped sharply on Sunday as investors reacted to signs of possible progress in talks aimed at ending the US-Israel conflict with Iran. Brent crude, the international benchmark for...

Stocks surged and the US dollar and oil prices slid today as the prospect of a deal to end the Iran war buoyed risk appetite, although a lack of clarity over when the Strait of Hormuz would open kept enthusiasm in check.

Oil prices fell 6% to two-week lows today, as optimism grew that the US and Iran were moving closer to a peace deal, even though they remain at odds over key issues, such as blockades on the Strait of Hormuz.

Oil prices slid on optimism that the US and Iran were moving closer towards a peace deal, even though they remained at odds over key issues.

Oil prices slid on optimism that the US and Iran were moving closer towards a peace deal, even though they remained at odds over key issues.

New Delhi :Global crude oil prices tumbled sharply as Brent Crude prices dropped amid a potential US-Iran peace deal framework.At the time of filing,

Asian shares mostly rose Monday and oil prices plunged after U.S. President Donald Trump said talks on ending the war with Iran are progressing. Japan's benchmark Nikkei rose 1,819.12 points, or 2.87 percent, from Friday to close at 65,158.19. Australia's S&P/ASX 200 added 0.4% to 8,692.00. The Shanghai Composite gained 0.8%…

Asian shares are mostly higher and oil prices have plunged after U.S. President Donald Trump said talks on ending the war with Iran are progressing.

A draft understanding under discussion between Washington and Tehran proposes that shipping through the strategic waterway would return to pre-war levels within 30 days, according to Iran's semi-official Tasnim news agency.