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

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

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…

Oil prices dropped Friday, extending previous losses as U.S. President Trump canceled planned strikes on Iran, easing fears of escalating hostilities. Brent futures fell 1.3% and…

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

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

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

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

Brent crude drops 15% from war highs as US-Iran peace deal hopes and plans to reopen the Strait of Hormuz reshape global oil markets and investor