Oil tumbled after US President Donald Trump signaled the Iran war will end soon, as the conflict in the West Asia upends global energy markets and sparks fresh concerns about an inflation crisis. West ...
Trump says the US will temporarily waive some oil sanctions to ensure global supply and keep prices in check amid disruptions around the Strait of Hormuz.
US stocks rebound after sharp losses as oil prices retreat from near $120. Markets steadied after Trump signalled the Iran conflict may not last long.