And Fed Chairman Jerome Powell kicks off his meeting with the Senate today. His prepared remarks state that the central bank ...

The price drops mean increases in oil per barrel seen since Israel first attacked Iran's nuclear facilities earlier this month have been reversed.

Oil prices were down sharply as of Tuesday morning in a sign of easing anxiety among investors, despite a shaky start to the Israel-Iran ceasefire that was declared by President Donald Trump.

The ceasefire makes it less likely that global oil supplies will be disrupted. Many investors have been worried that Iran could close the Strait of Hormuz, a critical waterway ferrying around a ...

Trump said Israel has agreed a US-brokered ceasefire with Iran, boosting hopes for a more permanent end to their conflict.