Iran, Oil prices and Trump
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Donald Trump also said negotiations with Iran were "proceeding nicely," but cautioned that the U.S. could resume military action if discussions were to collapse.
This exchange just became the most important oil market open on Memorial Day.
Shippers remain cautious and production facilities and inventories will take time to be restored.
India is raising fuel prices again as the Strait of Hormuz crisis drives up crude costs, inflation, and pressure on refiners.
A new oil shortage could become the auto industry's latest supply chain issue as synthetic motor oil supplies tighten amid ongoing conflict in the Middle East.
The Edmonton Oilers were eliminated from the Stanley Cup Playoffs with a 5-2 loss to the Anaheim Ducks in Game 6 of the Western Conference First Round at Honda Center o