Oil prices rose on Tuesday, as Iran denied it had held talks with the United States to end the war in the Gulf, contradicting President Donald Trump's claims.

Energy prices fall and stock markets rebound after the US president says "very good and productive" talks have been held.

Oil prices dropped about 11% on Monday after U.S. President Donald Trump said he would postpone any military strikes against Iranian power plants for five days ​and cited constructive talks to resolve hostilities in the Middle East,

President Donald Trump said Monday that the U.S. and Iran had productive talks over the weekend about ending the war.

Oil prices tumbled and stock markets rebounded Monday after US President Donald Trump suddenly ordered a halt to strikes on Iranian energy infrastructure after initially setting a 48-hour deadline, cl

US President Donald Trump on Saturday gave Iran 48 hours to reopen the Strait of Hormuz to shipping or face the destruction of its energy infrastructure, as Tehran launched its