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Oil prices drop to 2-month low as Trump says deal with Iran is close

US crude tumbled almost 3 per cent at the open to US$85.13 a barrel, the lowest level since April 17, before paring some losses. Read more at straitstimes.com. Read more at straitstimes.com.

Raccontata daarabnews.comcnbc.comeconomictimes.indiatimes.comstraitstimes.comchannelnewsasia.comtimesofindia.indiatimes.comthehindubusinessline.comthenationalnews.comnewsbytesapp.comoilprice.com

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AI · summaries
straitstimes.comStai leggendo10 h fa

Oil prices drop to 2-month low as Trump says deal with Iran is close

Trump announces Iran deal this weekend; WTI crude drops 3% to $85.13 (2-month low) on Strait of Hormuz reopening hopes and normalized energy supply. Lower energy inflation and stable supply chains improve capex predictability for enterprise infrastructure.

originale
newsbytesapp.com2 h fa

Oil prices hit 2-month low on hopes of US-Iran deal

WTI crude hit $85.13 (2-month low) on Trump's potential Iran deal, reviving Strait of Hormuz reopening expectations. Predictable energy costs reduce capital pressure on IT budgets and supply-chain risk for enterprises scaling AI and compute infrastructure.

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cnbc.com2 g fa

Oil prices fall as Trump tries to convince market an Iran deal is close despite recent violence

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

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channelnewsasia.com9 h fa

Oil falls to near two-month lows as Trump calls off threatened strikes on Iran

LONDON, June 12 : Oil prices fell over 4 per cent on Friday to their lowest in nearly two months after U.S. President Donald Trump cancelled new strikes on Iran, reducing fears of an escalation of hostilities following…

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thehindubusinessline.com6 h fa

Crude oil futures decline as Trump signals possible deal with Iran

Trump-Iran peace deal in sight; Brent below $90 but ceasefire risks destabilize within weeks if flows don't resume by July—potential $120-130 spike. Energy volatility impacts data center capex and chip sourcing; critical for CTO infrastructure planning.

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thenationalnews.com3 h fa

Oil prices drop below $90 as Trump claims Iran peace deal may be signed within days | The National

Trump signals US-Iran peace deal within days; Brent crude drops 2.16% to $88.43 as geopolitical risk eases with Strait of Hormuz reopening. Stabilized energy costs support data center budgets, though Iran's non-confirmation and deal reversal risk complicate 2H infrastructure capex planning.

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Timeline cronologica

  1. martedì 9 giugno 2026·arabnews.com

    Oil falls as investors await clarity after Iran-Israel halt attacks

    SINGAPORE: Oil ​prices fell on Tuesday, erasing most of the previous session’s gains, after Iran ‌and Israel said they had halted attacks on each other following an appeal from US…

  2. martedì 9 giugno 2026·cnbc.com

    Oil prices fall as Trump tries to convince market an Iran deal is close despite recent violence

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

  3. martedì 9 giugno 2026·economictimes.indiatimes.com

    Brent crude oil price falls below $90 a barrel on hopes of Iran deal

    Oil prices fell around 5 percent to below $90 a barrel on Tuesday after US President Donald Trump again said an Iran peace deal could be close. The international benchmark Brent…

  4. giovedì 11 giugno 2026·straitstimes.com

    Oil prices surge as fresh US strikes on Iran threaten fragile truce

    West Texas Intermediate crude surged as much as 3.3 per cent to US$92.99 a barrel. Read more at straitstimes.com. Read more at straitstimes.com.

  5. venerdì 12 giugno 2026·straitstimes.com

    Oil prices drop to 2-month low as Trump says deal with Iran is close

    US crude tumbled almost 3 per cent at the open to US$85.13 a barrel, the lowest level since April 17, before paring some losses. Read more at straitstimes.com. Read more at…

  6. venerdì 12 giugno 2026·channelnewsasia.com

    Oil falls to near two-month lows as Trump calls off threatened strikes on Iran

    LONDON, June 12 : Oil prices fell over 4 per cent on Friday to their lowest in nearly two months after U.S. President Donald Trump cancelled new strikes on Iran, reducing fears of…

  7. venerdì 12 giugno 2026·timesofindia.indiatimes.com

    Oil prices slip below $90: Brent, WTI tumble after Trump announces ‘ending war with Iran’

    Oil prices tumbled below the $90 per barrel mark on Friday on hopes of a deal to restore global crude flows after signs of easing tensions in the Middle East. US President Donald…

  8. venerdì 12 giugno 2026·thehindubusinessline.com

    Oil prices fall as Trump cancels planned strikes on Iran

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

  9. venerdì 12 giugno 2026·thehindubusinessline.com

    Crude oil futures decline as Trump signals possible deal with Iran

    Crude oil futures fall as Trump hints at a potential peace deal with Iran, affecting market dynamics significantly.

  10. venerdì 12 giugno 2026·thenationalnews.com

    Oil prices drop below $90 as Trump claims Iran peace deal may be signed within days | The National

    Crude heads for second weekly loss amid latest developments in regional conflict

  11. venerdì 12 giugno 2026·newsbytesapp.com

    Oil prices hit 2-month low on hopes of US-Iran deal

    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.

  12. venerdì 12 giugno 2026·oilprice.com

    Oil Prices Tumble 4% on Iran Peace Optimism | OilPrice.com

    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.