Energy markets have been on a wild ride as the key Strait of Hormuz waterway remains effectively closed.

By Robert Harvey LONDON, June 10 (Reuters) - Oil prices were steady on Wednesday, as renewed U.S.-Iran hostilities muddied direction, though a forecast U.S. stock draw offered support. Brent futures were up 25 cents,

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,

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

U.S. markets hovered near all-time highs Monday and oil rose more than 2% after President Donald Trump appeared to dismiss Iran’s response to a U.S. peace plan. Futures for the S&P 500 were essentially unchanged,

President Trump on Wednesday morning warned Iran that it will not get away with attacks on U.S. allies Kuwait and Bahrain. “They’ve taken too long to negotiate a deal that would have been great for them,

Consumer prices rose 4.2% in May from a year earlier, the Labor Department said Wednesday, the third straight increase.