Gasoline prices in the United States rose on Tuesday to their highest level in four years as peace talks between the United States and Iran appeared at an impasse. The average cos

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Oil prices were up Monday as a standoff between the U.S. and Iran in the Strait of Hormuz remained despite a ceasefire, while Pakistan leaders were seeking to revive stalled talks between the two countries.

Our neighbors are our priority." Around a fifth of the world's crude oil and liquified natural gas (LNG) usually passes through the Strait of Hormuz. Oil prices rose on Monday morning in Asia after plans for a second round of peace talks between the US and Iran stalled again.

Oil prices rose and stock markets mostly retreated on Monday as peace talks between the United States and Iran stalled, ahead of a week full of central bank decisions and

Oil prices rose more than 2% as stalled U.S.-Iran peace talks and the standoff over the Strait of Hormuz raised concerns over a prolonged energy shock.

Oil prices rose more than 3% on Tuesday as stalled efforts to end the Iran war kept ‌the Strait of Hormuz largely closed, constraining Middle East supplies, though the UAE's announcement that it would leave OPEC and OPEC+ trimmed gains.

Iran has offered to end its chokehold on the Strait of Hormuz without addressing its nuclear program. Two officials with knowledge of the proposal said Monday that Iran also wants the United States