Oil Prices Fall on Iran Peace Deal, Gas Below $4 a Gallon

Brent crude and WTI were dropping after the signing of the U.S.-Iran peace deal, with markets focusing on the prospect for a swift reopening of the Strait of Hormuz.

Saudi Aramco Weighs Expanding Storage Capacity After Iran War

Aramco is considering expanding its global oil-storage network after the Iran war exposed the importance of strategic reserves in keeping crude flowing to customers.

Deal Gives Iran Chance to Turbocharge Its Oil Revenue