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CNNMoney: Oil retreats from all-time high

Oil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that tensions surrounding Iran's nuclear program could ease and cut the chances of American or Israeli military action against OPEC's second-largest oil producer.

Iran ready to discuss EU's nuclear offer

Iran agreed Friday to enter into talks with the European Union about its nuclear program before the end of the month, Iranian state-run media said.

Iran minister: We might consider U.S. diplomatic presence

Iran's foreign minister has said his government might consider the American idea of opening a U.S. diplomatic outpost in Tehran -- comments coming amid possible progress in negotiations over Iran's nuclear program.

Time.com: Iranian Leaders Offer Nuclear Hope

Despite hard-line rhetoric and rumors of war, key figures in the Tehran regime suggest a compromise may be afoot

CNNMoney: Oil settles at record on tight supply forecast

Crude prices settled higher Tuesday after an energy advisory group reduced its estimate on the amount of oil that will reach the market in the coming years.

CNNMoney: Crude soars $2 as dollar slides

Oil prices climbed to $142 a barrel Tuesday amid concerns about tensions between Iran and Israel and a weakening dollar.

CNNMoney: Oil touches record but ends lower

Retail gas prices and crude oil futures reached record highs Monday amid a backdrop of Mideast tensions and dollar concerns, but crude ended the day lower.

Iran condemns 'Israeli spy' to death

Iran has sentenced to death a man found guilty of spying for Israel, state media reported Monday.

CNNMoney: Oil tops $143 for the first time

Oil prices surged above $143 a barrel for the first time ever Monday, as a weaker dollar spurred investors to seek refuge in dollar-denominated oil futures to hedge against inflation.

CNNMoney: Oil settles at record high above $140

Oil prices settled above $140 a barrel for the first time Friday during a thinly traded session on Friday as a selloff on Wall Street sent the Dow into bear market territory.

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