Gold fell from a three-week high hit earlier on Tuesday, as slim hopes ​of a U.S.-Iran ​peace deal drove the dollar ​and oil prices higher.

Oil prices rose Monday, one day after President Donald Trump called Iran’s response to a U.S. proposal to end the war “totally unacceptable.”

U.S. markets hovered near all-time highs Monday and oil rose more than 2% after President Donald Trump appeared to dismiss Iran’s response to a U.S. peace plan. Futures for the S&P 500 were essentially unchanged,

The price of Brent crude oil has risen by more than 90% to roughly $120 per barrel this year as the escalating Middle East conflict disrupted shipments through the Strait of Hormu

US oil prices fell nearly 10% on Wednesday after news that a peace deal could be close. Stocks jumped and bond yields tumbled.

Oil prices fell on Wednesday (May 13) after rising in three consecutive sessions, as investors awaited developments around the fragile ceasefire in the Iran war and US President Donald Trump headed to China for a high stakes summit with President Xi Jinping.

Brent crude oil surged overnight on Thursday, April 30 to $126.41 a barrel, reported several news outlets, including CNN and CNBC. The price had dropped, but still remained over the $100-mark to just over $116 a barrel by 5 a.m. MT/6 a.m. CT.

Oil prices are likely to remain elevated for some time, which could pour cold water on Bitcoin's tentative rebound.

Major stock indexes retreated Tuesday after "core" consumer inflation for April came in hotter than expected and oil prices continued to climb.

The U.S. has exported over 280 million oil barrels over nine weeks, drawing down strategic reserves. Yet oil and gas prices remained elevated.

High gasoline prices don't just hit you at the pump: the extra fuel costs are pushing up prices for everything from airfare to eggs.