close Video NEWYou can now listen to Fox News articles! President Donald Trump will convene a rare Cabinet meeting at Camp David Wednesday as negotiations with Iran enter a critical phase. All Cabinet members are expected to attend the meeting, first reported by the New York Post and confirmed by F»»»

Oil prices ticked higher after slumping by more than 7 per cent on May 25, as reports of fresh military strikes in Iran clouded the outlook for an interim deal between Tehran and Washington to reopen the Strait of Hormuz. Brent rose toward US$98 a barrel, while West Texas Intermediate was near US$9»»»