Oil prices fell on Thursday as hopes of a possible agreement between the US and Iran to prevent further escalation in the Middle East conflict and reopen the Strait of Hormuz eased market concerns. During the week, crude prices have already fallen over 5%, dropping below the $100 per barrel mark .

Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with…

Oil prices tumbled over 5% on Monday, falling below the $100 per barrel mark, buoyed by optimism over a potential agreement aimed at ending the US-Iran war. The market reaction…

Crude oil futures dip amid cautious market response to US-Iran deal negotiations, signaling potential impact on global oil supply.

Crude falls nearly 6% while Trump says Strait of Hormuz blockade will stay in place until agreement finalised

Analysts urge caution as US and Iran remain divided on key issues

Brent crude futures down 5.5% to lowest level in two weeks and stock markets rise

Crude oil prices plunged over 4% as optimism over a possible US-Iran deal and reopening of the Strait of Hormuz eased supply concerns.