Trump says US-Iran ceasefire still in place after exchange of fire in Strait of Hormuz

US President Donald Trump stated that a ceasefire between the US and Iran remains in effect following an exchange of fire in the Strait of Hormuz late Thursday night, though the article notes it's unclear who initiated the engagement.

Oil prices plunge as Iran says Strait of Hormuz ‘open’ during ceasefire

Oil prices significantly dropped following an announcement by Iran that the Strait of Hormuz would be fully accessible to commercial vessels for the duration of a ceasefire.

Oil prices rise as US-Iran peace talks stall

Oil prices have surged as a planned second round of peace talks between the US and Iran stalled, exacerbating global energy supply pressures.

Oil prices drop and stock markets rise after reports of deal to end Iran war

Oil prices have dropped and stock markets have risen globally following reports that the United States and Iran are nearing a deal to end their conflict.

Shell profits rise as Iran war pushes oil prices higher

Oil giant Shell has reported a significant profit increase for the first quarter of the year, driven by elevated oil prices stemming from the Iran war.

Strait of Hormuz reopens to cargo vessels after ceasefire