U.S. forces carried out strikes on Iran on Tuesday night
Oil prices ticked higher and U.S. stock futures fell after Trump’s comments
The fragile ceasefire implemented in April nearly unraveled this week
Hopes of further progress in US-Iran talks have been dashed
Memory stocks rallied, with the Roundhill Memory ETF higher by more than 4% during the session
Oil prices have tumbled more than 10% since May 18
The conflict and resulting blockade of fossil fuel shipping through the strait of Hormuz have sent oil soaring
Analysts expect a return to normal oil flows through the strait will take months
Puig closed 13.4% lower
A senior U.S. official told Axios that the proposal is not a meaningful improvement
International benchmark Brent crude futures for July gained more than 2% at $108.25 a barrel
The price for a barrel of Brent crude oil climbed 2.9% to settle at US$104.21
Iran's blockade of the Strait of Hormuz has resulted in the loss of nearly a billion barrels of oil
West Texas Intermediate gained 76 cents, or 0.8%, to $95.84 a barrel
The S&P 500 hit a new all-time intraday high last week
A president must withdraw troops within 60 days of notifying Congress of their deployment
Attempts to continue negotiations to end the war have stalled in recent days
Prices had already surged more than 3% earlier Tuesday
US President Donald Trump said on Saturday that Washington had cancelled plans to send a team to Pakistan for negotiations with their Iranian counterparts
Brent crude traded back above $100
The ceasefire extension underscores the uncertain path toward de-escalation
Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun would be invited to the White House
Israel and Lebanon agreed Thursday to a 10-day ceasefire
Oil prices plunged more than 11%
U.S. President Donald Trump vowed to blockade the Strait of Hormuz
International benchmark Brent crude futures for June delivery fell 0.5% to $95.47 per barrel
Ghalibaf said three elements of Iran’s 10-point truce proposal had been violated
The price of benchmark Brent initially tumbled more than 15% to less than $92 (£68.4) a barrel
Oil prices remain the key driver as investors grapple with a broadening supply shock