Crude oil prices sharply increased following reports that Israel is considering strikes on Iranian nuclear facilities, which would threaten ongoing US-Iran negotiations and potentially escalate into a broader Middle Eastern conflict.

Shares are higher in Asia while oil prices jumped more than 1% after a report by CNN said Israel may be planning an attack on Iranian nuclear facilities

Shares are higher in Asia while oil prices have jumped more than $1.20 a barrel after a report by CNN said Israel may be planning an attack on Iranian nuclear

A potential US-Iran uranium deal could ease oil price spikes and drive prices below $50/barrel. Read more on the implications of such a deal in my analysis.

Most U.S. stocks are falling on Wednesday after some of the country’s biggest retailers gave mixed forecasts for where they see their profits heading under the uncertainty caused

Wall Street futures headed lower after a major U.S. retailer blamed its grim forecast on tariff concerns and oil prices rose.