Oil falls more than $4 as US, Iran remain at odds over peace deal

Wood Mackenzie sees lasting oil, LNG and inflation risks despite diplomacy progress

Maritime intelligence firm Windward AI first detected the blackout in Automatic Identification System (AIS) transmissions near Fujairah, suggesting heightened electronic warfare, jamming, deliberate AIS shutdowns and intense cyber interference near the key UAE oil port.

Trump has become the president who cried peace.

Crude oil prices dropped about $5 per barrel Sunday evening in the first major trading since the emergence of rough and tentative outlines of a deal to end the U.S.-Iran conflict.