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The Nexus
BUSINESSJun 12 · 11:14 UTCMARKETWATCHNora Redmond

Oil prices extend declines on possible U.S.-Iran peace deal to reopen Strait of Hormuz

Oil prices declined further as reports indicated a potential U.S.-Iran deal could lift oil sanctions on Iran. West Texas Intermediate and Brent crude fell on expectations of renewed Strait of Hormuz access.

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United StatesplaceIranplaceStrait of HormuzplaceWest Texas IntermediatetopicBrent crudetopicoil sanctionstopic
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