Oil Falls As Hormuz Reopening Prospects Erode Risk Premium
Oil prices fell as expectations that the Strait of Hormuz would reopen this week continued to unwind the geopolitical risk premium built into the market.
Oil Prices Slump, Exxon and Valero Stocks Drop on Deal Between the U.S. and Iran
President Trump said Monday that the text of a memo of understanding will be released "sometime after Friday."
Trump Says Strait of Hormuz Will Be Fully Open by Friday Under Iran Deal
