Oil prices trended lower on Tuesday following the previous session's sharp gains as the market remained cautious about progress in US-Iran peace talks. US President Donald Trump said on Monday talks with Iran were ongoing, while Tasnim news agency reported earlier that Tehran had suspended indirect»»»

June 2 : Oil prices trended lower on Tuesday following the previous session's sharp gains as the market remained cautious about progress in U.S.-Iran peace talks. U.S. President Donald Trump said on Monday talks with Iran were ongoing, while Tasnim news agency reported earlier that Tehran had suspe»»»

WASHINGTON - US President Donald Trump said on Monday he believes the United States will have an agreement with Iran to extend the ceasefire and reopen the Strait of Hormuz "over the next week." Asked when the MoU that the two sides have been negotiating will be completed and agreed to, Trump told »»»