BUSINESSBLOOMBERG
Oil Edges Lower on Tentative Deal to Extend US-Iranian Truce
Oil prices initially surged due to the US-Israeli war against Iran and the closure of the Strait of Hormuz, but recently edged lower following a tentative deal to extend the US-Iranian truce.
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Adjacent reporting
- Oil prices surge after Trump says U.S. will blockade the Strait of Hormuz
- Oil prices ease as US pauses Project Freedom to seek deal with Iran
- Gold Steadies as Hopes of US-Iran Truce Lower Odds of Rate Hikes
- Oil prices rise as U.S. and Iran appear locked in a costly stalemate
- Oil prices jump after US launches new attacks on Iran
- Oil Holds Gain as Trump Casts Doubt Over Ceasefire With Iran