Oil prices fell sharply after President Trump signaled a potential peace agreement with Iran, easing fears of conflict and impacting global crude benchmark

President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.

Trump cancels planned Iran strikes and touts an imminent peace deal, sparking a stock rally and tumbling oil prices amid cautious skepticism from Tehran

Oil prices fell sharply after President Trump signaled a potential peace agreement with Iran, easing fears of conflict and impacting global crude benchmark

Brent and WTI futures decline amid reduced fears of escalation in West Asia

Oil prices hit a two-month low as US benchmark WTI crude fell nearly 3%, following Donald Trump's statement about a potential peace agreement with Iran this weekend.

Oil prices fell sharply as traders bet that a possible U.S.-Iran agreement could reopen the Strait of Hormuz and ease global supply fears.

Oil prices fell on Friday, extending losses from the previous session after US President Donald Trump had cancelled plans to launch strikes on Iran, easing concerns about a…

Brent crude falls as optimism rises strait of Hormuz could reopen over the weekend Business live – latest updates