Crude oil prices fall as speculation of an Iran-US ceasefire and reopening of the Strait of Hormuz emerges, despite White House denials.

Concurrently with rising speculation over Iran and the United States reaching an agreement to de-escalate tensions and reopen the Strait ...

Oil prices moved lower on Wednesday as investors weighed the prospect of a U.S.-Iran agreement that could restore shipping through the Strait of Hormuz.