Oil prices slipped below the $100 threshold on Friday amid persistent tensions around the Strait of Hormuz, with the vital shipping lane still largely closed despite a ceasefire deal between the U.S. ...

The price for actual Brent oil cargos came in above $120 per barrel on Wednesday, nearly $30 more than the June futures contract.

A fragile two-week ceasefire between the US and Iran showed further strain on Friday, April 10, a day before they are to negotiate in Pakistan, as Washington accused Tehran of breaching promises on th...

U.S. President Donald Trump told the New York Post earlier on Friday that U.S. warships were being reloaded "with the best ammunition to resume strikes on Iran if peace talks in Pakistan fail".