Oil Tumbles, Stock Futures Rise Amid Hopes for Iran Deal

Oil is also to begin trading, as both crude benchmarks are up about 70% from the start of the year.

Trump Says He Is in No Rush for an Iran Deal That Is Far From Finished

A senior administration official said the agreement in principle would see the U.S. lift its blockade in exchange for Iran reopening the Strait of Hormuz.

Oil Futures Edge Down as Ships Move Toward Hormuz