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

Stocks decline while oil prices rise as Trump warns Iran amid stalled negotiations, increasing investor caution in global markets.

Executives in the oil industry have reportedly warned the White House could dramatically rise in the coming months as the conflict with Iran continues

The preliminary agreement may not have an immediate effect on prices at the pump. Damaged infrastructure and risky transport could keep costs up.

The fresh strikes from the U.S., and the warning Iran issued in return, have brought renewed instability to the markets.

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 ...

Donald Trump has admitted his deal with Iran has limits - and that he thinks there's only one way to guarantee the Strait of Hormuz stays open. He also insists it will reopen toll free, despite Iran's intentions.

The deal was expected to open the Strait of Hormuz and lift the U.S. naval blockade on Iranian ports. But it would leave the thorniest nuclear issues for another day.

Oil prices rose on Friday after the US and Iran exchanged fire in the key Strait of Hormuz waterway. The US said it made self‑defence strikes in response to "unprovoked" Iranian attacks as US ships were heading out of the Gulf through the strait, which ...

Escalating attacks between the US and Iran threaten to derail efforts to end the war. Trump warns of consequences as negotiations stall.

President Donald Trump on Monday touted how markets were reacting to the U.S. and Iran agreeing on a framework for a peace deal, saying oil prices are getting closer to their levels from before the conflict with Iran.