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The price for a barrel of benchmark U.S. crude climbed 3.9% to $116.83. Brent crude, the international standard, added 0.7% to $110.55.

The price for a barrel of benchmark U.S. crude rose 0.3% to $111.88 after erasing an earlier modest dip. Brent crude added 0.2% to $109.26 per barrel.

The price for a barrel of Brent crude oil, the international standard, fell 0.3% to $107.10. Benchmark U.S. crude slipped 0.3%.

President Donald Trump on March 30 threatened widespread destruction of Iran’s energy resources if a deal to end the war with Tehran is not reached soon.

Unlike earlier this week when Trump announced that talks with Iran were progressing, investors appear to be skeptical of the president's latest claim.

Hope for a possible end to the war with Iran is pushing stocks higher again on Wall Street  while oil prices ease.

U.S. markets ticked slightly lower and oil prices rose early March 24 as the war in the Middle East continued.

Relief is ripping through financial markets after President Donald Trump said the U.S. has talked with Iran about a possible end to their war.

The U.S. stock market careened through a manic March 9, going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long.

“You can’t sugarcoat this report,” said Brian Jacobsen of Annex Wealth Management. “A negative payrolls number combined with a big jump in oil prices will have traders worrying about stagflation risks.”