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Indian crude basket below $100/bbl, 1st since March 6
NEW DELHI: The price of the Indian oil basket fell below $100 a barrel on Friday for the first time since March 6, as global crude prices cooled by 11% over the past week amid reports that the US and Iran may have reached a deal and that Strait of Hormuz could soon reopen for smooth movement of shipments.
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timesofindia.indiatimes.com
Three months of Hormuz chaos: Oil prices ease amid hopes of US-Iran peace deal
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…
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newsbytesapp.com
Oil prices dip as US-Iran ceasefire talks progress
Oil prices dropped sharply, with Brent nearing $93 per barrel, as the US and Iran tentatively agreed to extend a truce, potentially easing Strait of Hormuz shipping restrictions.
