Traffic through the Strait of Hormuz remains at a trickle, despite President Donald Trump proclaiming that a ceasefire with Iran depended on it reopening.

U.S. moves to blockade Iran, and let a Russian oil waiver lapse, squeeze India’s energy supplies, exposing its vulnerability under rising U.S. pressure.

BP said its oil trading performance had turned around dramatically after a "weak" fourth quarter.

U.S. Vice President JD Vance said Monday that the next steps in U.S.-Iran peace efforts now depend on Tehran.

The U.S. team of Vance and special envoys Steve Witkoff and Jared Kushner made progress with Iran during the Islamabad talks, the vice president said.