Netanyahu hails Trump talks as US weighs force on Iran and crude prices slide Add as a preferred source on Google US President Donald Trump says Washington is having “very friendly talks” with Tehran. AP US President Donald Trump said Washington halted ...

Crude oil prices dropped for a third day Wednesday as markets weighed a series of potentially positive developments in the Middle East against new fears of Russian escalation in Ukraine and dwindling U.S. reserves. U.S. crude oil fell as low as $79 per ...

Crude Oil Price Today, August 27: Crude oil prices slipped below $82 per barrel on Thursday, August 27, extending losses for a fourth consecutive session as signs of diplomatic progress in the Middle East eased concerns over potential supply disruptions.

Iran's Revolutionary Guard said Tehran and Oman reached a deal to share revenues generated from the Strait of Hormuz. The Guard did not mention a toll to transit the strait, though a deal on revenue sharing suggests some type of fee is planned by Tehran.

Gold held a gain as US President Donald Trump appeared to rule out prolonged military action in the Middle East, easing inflationary concerns driven by a renewed spike in energy prices.

Oil prices tumbled for the third straight day, as a flurry of headlines from the Middle East sparked renewed optimism in global energy markets.