Oil prices ‌rose on Friday as efforts to resolve the Iran war remained at an impasse, with Tehran still blocking the Strait of Hormuz and the U.S. Navy blocking exports of Iranian crude.

Oil prices are hovering near their most expensive levels since the war with Iran began. The U.S. stock market, though, continues to shrug it off and is dipping only modestly from its record heights. The price for a barrel of Brent crude oil to be delivered in June jumped 7.

Iran's supreme leader declared Thursday that the United States had suffered a shameful defeat, defiantly rejecting a warning from President Donald Trump that an economically-punishing US naval blockad

Global oil prices jumped to a four-year high of more than $126 a barrel on ​Thursday on concerns that the U.S.-Iran war could worsen and lead to a protracted Middle East supply disruption that could hurt global economic growth,

Oil prices reached their highest levels overnight since the Iran war began, with Brent crude topping $126 per barrel before pulling back on Thursday morning. Why it matters: The jump will keep sending U.

Oil rose on signals that a U.S. blockade on Iranian ports could go on for an extended period, prolonging an unprecedented supply shock that has roiled energy markets.

Oil prices climbed as UAE’s OPEC exit and Iran war risks drove supply concerns. Man charged with trying to kill Trump at dinner took photo with knife in hotel, investigators say Red Lobster's endless shrimp is back,

The US is seeking forfeiture of two Iran-linked oil tankers seized by naval forces enforcing a blockade against the Islamic Republic, according to a senior administration official.