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Crude oil is cheaper as markets embrace news of a U.S.-Iran deal
Crude oil prices are falling as markets react to news of a U.S.-Iran agreement on reopening the Strait of Hormuz. President Trump stated the two nations have agreed on a framework for this deal.
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- Crude oil drops as US inches towards Iran deal to reopen Strait of Hormuz
- Oil prices sink to lowest levels in months after Trump touts Iran deal to reopen Strait of Hormuz
- Oil prices tumble amid hopes strait of Hormuz will soon reopen
- Markets rally, oil tumbles after US-Iran deal announcement