U.S. oil prices were moving lower but still traded above $110 per barrel on Monday morning as negotiators reportedly intensified efforts to broker a cease-fire following President Donald Trump’s threats to civilian infrastructure.

President Trump warns Iran to reopen the Strait of Hormuz within 48 hours or “face living hell,” sparking fears of military conflict and a global oil crisis. Iranian state media claims to show downed U.

Oil prices are falling on Monday after President Donald Trump threatened to knock out Iran’s power plants if it doesn’t reopen the Strait of Hormuz by Tuesday.

Oil prices pushed higher Sunday after President Donald Trump threatened to strike Iranian energy facilities if the Strait of Hormuz is not reopened Monday.

President Trump says the entire country of Iran can be taken out in one night. Oil surges and US stocks dig out of losses after Trump offers no clear timeline to end war in Iran

The U.S. and Iran appear far apart in diplomatic efforts aimed at ending the war, just over 24 hours from President Donald Trump’s deadline for the government in Tehran to either agree to a deal or face a bombardment of attacks on its country’s infrastructure.

Iran has threatened "much more devastating retaliation" if U.S. President Donald Trump follows through on his "power plants and bridges day" attacks.

Donald Trump has threatened to strike Iranian power plants and bridges. Iran has dismissed Mr Trump's ultimatum. On Sunday, the US president once again set a new deadline to late Tuesday for Iran to reopen the Strait of Hormuz.