Brent crude dropped about 4.7% to $83.81 after President Trump said new negotiations with Iran would begin and he paused planned strikes, easing near-term oil risk.
The US launched 'powerful' strikes on Iran after Tehran targeted US bases in Jordan, ending a week-long lull and raising fears of broader regional escalation.
US and Saudi forces struck Iran-backed militants' logistics and weapons sites in eastern Iraq after recent attacks; oil prices jumped and Iran claimed control of Hormuz.
President Ramaphosa says he has not received the Iran probe report. The panel led by Justice Bernard Ngoepe was expected to report but the deadline has...
Iran’s president said the country is engaged in a “full-scale war” with the United States as Washington expanded strikes across Iranian territory and Iran’s Revolutionary Guards...
Iran’s Revolutionary Guards announced on Wednesday that the Strait of Hormuz will remain closed until the United States ends its “acts of aggression,” and warned that...
Washington President Donald Trump said the United States would be known as the “Guardian of the Hormuz Strait” as military exchanges with Iran escalated and oil...
According to IOL, the United States and Iran traded military strikes for a second day as the two countries clashed over control of the strategic Strait...
US President Donald Trump said the ceasefire with Iran “is over” after what he described as major exchanges of fire between US forces and the Islamic...
An oil tanker was struck by an “unknown projectile” and caught fire off the coast of Oman near the Strait of Hormuz on Monday, the United...