Oil futures rose on Monday as ceasefire negotiations between the United States and Iran failed again as both parties continue rejecting each other's proposals while the Strait of Hormuz remains under a naval blockade putting upward...

Oil futures climbed on Friday amid the uncertainty surrounding a peace deal between the United States and Iran after the U.S. forces reinstated strikes on tankers blocking the Strait of Hormuz.

Crude oil futures steadied Friday morning after renewed fighting between U.S. and Iranian forces halted a three-day decline fueled by prospects of an imminent peace deal and a gradual easing of the supply disruption.

Crude oil futures settled higher on Thursday, reversing an early sell-off driven by expectations of a U.S.-Iran peace deal and a potential reopening of the Strait of Hormuz.

Crude oil futures slipped Thursday morning, extending Wednesday's sell-off triggered by signs the U.S. and Iran are closing in on a peace deal which would reopen the Strait of Hormuz.

Energy markets tumbled for a second consecutive session Wednesday, driving U.S. crude futures briefly below $90 bbl, amid reports that the U.S. was ready to end its war with Iran and lift the blockade on Iranian ports as well.

Crude oil futures plummeted by as much as 12% Wednesday morning, hitting to two-week lows on signs of an imminent diplomatic resolution to the U.S.-Israel and Iran war, which has been disrupting a fifth of global oil supply for more than...