Oil prices fell sharply on Sunday after US President Donald Trump declared a deal with Iran "complete" and announced the "immediate toll-free reopening of the Strait of Hormuz", a key artery for global energy supplies.

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…

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…

Oil prices drop more than 4% after a reported US-Iran deal to halt conflict and reopen the Strait of Hormuz reduces global supply concerns.