Middle East crisis live: Bessent claims US could reach Hormuz deal with Iran by tomorrow

Comments from US Treasury secretary come despite statements from Iran denying that any negotiations are taking placeDonald Trump has criticised oil companies for “making too much money” from the global energy market disruption caused by his war on Iran.Brent crude had been trading at about $70 (£52) a barrel before the first US-Israeli strikes at the end of February, but by the end of April it had soared as high as $126 and is now trading at about $85 a barrel. Continue reading...