Oil prices jumped after Iran proposed reopening the Strait of Hormuz if the US lifts its blockade and ends the war. President Donald Trump is reviewing the offer, while uncertainty keeps markets on edge.

Iran is expected to submit a revised peace proposal, sources say, after President Donald Trump indicated he would not accept an earlier version. Follow for live updates.

Iran’s UN envoy Amir Saeid Iravani said Tehran needs “credible guarantees” against future US-Israeli attacks to ensure stability in the Gulf. Addressing the Security Council, he criticised Washington’s naval actions as “piracy,

The US president threatens to destroy essential Iranian infrastructure if Tehran does not respond before his ultimatum expires this Tuesday to reopen the Strait of Hormuz. "The whole country could be eliminated in a single night,

The president reaffirmed that there will be "many positive actions" and that "a lot of money will be made," without specifying how his Administration will act more concretely in the strait or explaining those actions. United States and Iran agreed on ...

The war has rattled energy markets since it started at the end of February, with the near-closure of the Strait of Hormuz causing a sharp drop in flows from major oil and gas producers in the Persian Gulf.

President Trump will host a news conference to address the intense search-and-rescue effort following the crash of an F-15E Strike Eagle fighter.

The truce between the United States and Iran was in doubt this morning following Israel's deadly new attacks on Lebanon. Iran said the strike

Stock Market Today: The Dow Jones index fell Monday on the latest U.S.-Iran news. Nvidia stock rallied near record highs.