US Iran war LIVE updates: Oil prices surged more than 5 per cent on Monday amid renewed tensions between Iran and the United States. Brent crude futures advanced 5.32 per cent to $95.19 per barrel, and the US West Texas Intermediate was up 5.

Iran ceasefire nears its deadline. Trump toughens rhetoric, the US seizes an Iranian vessel, Strait of Hormuz fears shake markets, and Israel strikes Lebanon despite a truce.

The Islamic Revolution Guards Corps (IRGC) has claimed that US forces stationed in the Sea of Oman were forced to retreat after firing at an Iranian merchant vessel, according to a report, Press TV reported.

Tensions in the Persian Gulf and wider West Asia region escalated on Monday as Iran’s Supreme National Security Council said it is reviewing “new proposals” from the United States but has not yet responded,

Oil prices rose to $96 a barrel after the U.S. attacked and seized an Iranian cargo ship. President Trump said American negotiators were heading to Pakistan for more peace talks.

China is set to import a record volume of US ethane this month as petrochemical producers seek alternative feedstocks for their operations after the war in the Middle East choked off crucial supplies.

President Donald Trump was schooled on his war with Iran in a segment on 60 Minutes Sunday night. The story discussed Trump’s ambitions to seize control of what remains of Iran’s nuclear stockpile, either by force or by more diplomatic means.

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President Donald Trump’s job approval rating has sunk to a new low as Americans express growing concerns about rising costs and the war with Iran, according to an NBC News Decision Desk Poll powered b