Oil Plunges as U.S., Iran Reach Deal to Reopen Hormuz But Outlook Remains Uncertain

The agreement marks the first major step toward ending a nearly four-month conflict. However, uncertainty over the pace of recovery is expected to keep crude above prewar levels.

Oil Executives Are Sounding the Alarm Over Dwindling Stockpiles

The world is guzzling so much oil from commercial and strategic inventories that they risk falling below their minimum operating levels.

Oil Below $90 a Barrel After Trump Cancels Iran Strikes