Oil prices dropped nearly 4% on Monday, erasing much of last week's conflict-driven gains, as traders reacted to signs of easing tensions between Israel and Iran

Iranian Foreign Minister Abbas Araghchi said Sunday that if the Israeli strikes on Iran stop, then “our responses will also stop.”

Hundreds of civilians, mostly in Iran, have been killed by dueling airstrikes despite international pleas for de-escalation.

President Donald Trump has warned Iran the U.S. would retaliate to an attack by Tehran with its "full strength and might" as Israel and Iran launched fresh strikes overnight. On Friday, Israel launched the first of a series of airstrikes across Iran,

After days of attacks on Iranian air defenses and missile systems, the Israeli military said its aircraft now control the skies from western Iran to Tehran.

Concerns of wider conflict rise, including at G7 summit Iran refuses ceasefire talks amid Israeli attacks, official says Trump vetoes Israeli plan to target Iran's supreme leader Oil prices jump as Israel targets Iran's oil and gas sector BAT YAM,