SECURITYQUARTZ
Oil prices are sinking as Iran reveals a draft peace deal to reopen the Strait of Hormuz
Iran's state media published a draft agreement that would reopen the Strait of Hormuz within 30 days of a final deal being signed. Oil prices are sinking in response to this potential resolution.
Related Signal
Adjacent reporting
- Oil prices slide on hopes of US-Iran peace deal
- Oil prices extend declines on possible U.S.-Iran peace deal to reopen Strait of Hormuz
- Oil plunges to $89 per barrel after Iran reports that peace deal would reopen Strait of Hormuz in 1 month
- Oil prices drop and stock markets rise after reports of deal to end Iran war
- Trump says Iran deal 'largely negotiated', would reopen Strait of Hormuz
- Oil prices fall amid mixed signals on US-Iran peace deal