Oil prices fell near $90 a barrel as markets bet that a U.S.-Iran deal is likely to happen soon. United Airlines led airline stocks higher.

Trump had said an agreement with Iran to open the Strait of Hormuz, among other issues, was largely negotiated and would be announced soon.

Asian stocks climbed and crude oil fell after US officials signaled that a deal with Iran to reopen the Strait of Hormuz and restore oil flows may be near. The doll…