The attacks, which strained a two-month cease-fire between Iran and the United States, were the latest jolt to energy markets.

Oil prices and stock markets worldwide swung through a shaky Monday with uncertainty about what will happen with the Iran war. The S&P 500 swiveled between gains

Oil markets jolted higher Monday after Iran threatened to shut the Strait of Hormuz amid escalating tensions in the Middle East. West Texas Intermediate crude surged 7% to about $94 a barrel and Brent climbed 6% to roughly $97,

U.S. stocks rose May 26, with the S&P 500 up 0.4%, after President Donald Trump said negotiations with Iran were “proceeding nicely.” The price for a barrel of Brent crude, the international standard, rose 4% to $97.14. Most big U.S. companies have ...

President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.

The Indian rupee is set to climb at open on Friday, buoyed by a retreat in crude prices after U.S. President Donald Trump signalled that a deal with Iran is imminent, a development that could soften a persistent pressure point for the currency.

Indian shares advanced on Friday, tracking gains in other Asian markets, as oil prices fell after U.S. ​President Donald Trump cancelled plans to strike Iran, citing progress in ‌talks.