Energy markets remain volatile as President Trump threatens Iran with an invasion to seize its oil while also suggesting a deal could soon end the war.

It has been more than a week since President Donald Trump announced the U.S. was in conversation with Iran. But Tehran denies negotiations are taking place .

For Saudi Arabia, being caught in the middle of the war between Iran and its archfoes Israel and the US is the realization of a nightmare scenario the kingdom has long dreaded. The country, which sees itself as the economic and political leader of the Arab world and a beacon for Muslims everywhere,

It follows a decision by the Spanish government to deny the US use of the two jointly run military bases in Andalusia.

University of Chicago Professor John Mearsheimer, in an interview Friday with Charlie Rose, said that the US/Israeli attack on Iran has empowered hardliners in Tehran, done severe damage to the global economy,

The apparent talks aimed at ending the war come as thousands of U.S. troops have been deployed to the region and gas prices continue rising.

Missile strikes ripped across the Middle East over the weekend as Iran and its proxies lobbed attacks at US allies, with neither Washington nor Tehran publicly accepting Pakistan’s offer to host talks to end the conflict.

The secretary of state says the US can achieve its goals in Iran without deploying ground troops, as G7 ministers call for the reopening of the Strait of Hormuz