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

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. 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,

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 ...

By Nicole Jao NEW YORK, May 20 (Reuters) - Oil prices fell about 6% on Wednesday after U.S. President Donald Trump said that negotiations with Iran were in the final stages, although investors remained wary about the outcome of peace talks as disruption to Middle Eastern supply continued.

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

MSCI's global equities gauge managed a small gain on Tuesday with little support from Wall Street where heavyweight technology stocks stumbled while investors opted for safer bets, and oil prices settled lower as updates from the Middle East brought little clarity on progress toward peace.