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.

By Scott DiSavino NEW YORK, June 2 (Reuters) - Oil prices climbed about 1% to a one-week high in volatile trade on Tuesday as the market waited for news on the Iran war, with Tehran reviewing a proposed agreement with the U.

President Trump threatened Iran in a Truth Social post early Wednesday, sending U.S. stock futures lower and boosting oil prices. “They’ve taken too long to negotiate a deal that would have been great for them,

They’ve taken too long to negotiate a deal that would have been great for them, now they will have to pay the price!!!” Trump posted to social media Wednesday.