BENGALURU (June 29): Gold prices eased on Monday as recent US-Iran strikes in the Gulf pushed oil prices higher, while expectations of US Federal Reserve interest rate hikes further weighed on the non-yielding metal. Spot gold was down 0.7% at US$4,061.35 per ounce as of 0242 GMT. US»»»

Oil prices edged lower on Friday and were on track for weekly declines, as investors weighed reported progress in diplomatic efforts to forge apeace deal between the U.S and Iran. As of 05:20 ET (09:20 GMT), Brent oil futures, the global oil benchmark, eased 1.2% to $92.55 per barrel, while U.S. We»»»

Oil prices extend weekly losses on US-Iran ceasefire hopes - Brent crude plunges nearly 10% this week as reports of drafted 60-day extension of US-Iran ceasefire ease fears over supply disruptions through Strait of Hormuz Oil prices are on track for sharp weekly losses as progress toward a US-Iran »»»

The US military has issued a firm warning to Iran ahead of planned live-fire naval exercises in the Strait of Hormuz next week, stressing it will not tolerate unsafe actions that threaten international shipping or US forces in the region. US Central Command (CENTCOM) said on Friday it expects Iran’»»»

Oil prices slipped on Friday on signs the U.S. may engage in dialogue with Iran over its nuclear programme, reducing concerns of supply disruptions from a U.S. attack, though prices were on track for large monthly gains as tensions have increased, Reuters reported. Brent crude futures fell $1.10 to»»»