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.
Oil hovered around $90 as Middle East hostilities reignited. Asian markets were mixed after a tech-led sell-off, with South Korea's Kospi rallying on Samsung's profit surge.
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...
Oil prices slid after the United States and Iran signed a memorandum of understanding that aims to end their conflict and reopen the Strait of Hormuz....
According to IOL, global oil markets plunged after the United States and Iran announced a peace agreement that is expected to reopen the Strait of Hormuz...
Oil prices opened sharply higher on Monday after US President Donald Trump rejected Iran’s response to a US peace proposal, reviving concerns of renewed conflict in...
A tough year at sea for South Africa’s biggest fish producer For most South Africans, Lucky Star is the taste of home, a pantry staple that’s...