Oil tumbles as US-Iran tensions ease
Energy prices reverse recent gains on easing geopolitical concerns and warmer weather outlook
Energy prices reverse recent gains on easing geopolitical concerns and warmer weather outlook

Price rises 4% on Thursday as Donald Trump hails ‘beautiful armada’ targeting regime

Donald Trump continues to play up prospect of deal with Iran, saying they are ‘talking sense’ in negotiations with the US

Iran is reviewing a Washington-backed peace proposal while Trump says conflict will end if both sides strike agreement

Global stocks slide as Tehran escalates attacks on energy infrastructure

Crude had stabilised on optimism that a deal could be reached to reopen the Strait of Hormuz

Brent crude at highest level in three weeks