Oil prices have crept up to a three-week high, the Financial Times reported, as the stalemate between the U.S. and Iran continues. When the U.S. markets closed Tuesday, Brent crude, the international oil benchmark,

The U.S. stock market’s record-breaking rally slowed on Monday after uncertainty rose over the weekend about what will happen next in the Iran war, while oil prices rose. The S&P 500 inched 0.1% higher to its latest all-time high,

Oil prices shot higher Wednesday on concerns of an extended blockade of the Strait of Hormuz, while stocks slid as investors adopted a cautious stance ahead of a US Fed

The U.S. stock market is ticking lower on Wednesday with the countdown to an afternoon announcement coming from the Federal Reserve on what it will do with interest rates. Oil prices, meanwhile, continued to spurt higher because of the war with Iran.

President Donald Trump said Iran has asked the US to lift a naval blockade of the Strait of Hormuz while the two sides negotiate an end to the two-month war, which has upended global energy supplies.

U.S. crude oil surpassed $100 per barrel for the first time since April 10 after Iran talks stumbled and the United Arab Emirates said it would leave OPEC.

Iran has offered to end its chokehold on the Strait of Hormuz in exchange for the U.S. lifting its blockade on the country and an end to the war, two regional officials said Monday. Under the proposal,

President Trump seems unlikely to accept the offer, which was passed to the Americans by Pakistan and would leave unresolved the disagreements that led the U.S. and Israel to go to war on Feb. 28.