Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpiles

Oil prices dropped significantly after the US and Iran announced a peace deal to reopen the vital Strait of Hormuz shipping lane. Read more at straitstimes.com. Read more at…

Oil prices dropped significantly as President Trump and Iran's deputy foreign minister announced an initial deal to end the war and reopen the Strait of Hormuz. The agreement,…

Experts warn oil and fuel prices may remain high as restoring production, shipping and confidence after Strait of Hormuz disruption could take months.

Oil prices fell sharply after the U.S. and Iran announced a deal to reopen the Strait of Hormuz.

Oil prices dropped, while markets cheered apparently progress after Donald Trump said an agreement with Iran had been reached and the US would end its naval blockade on the…

The landmark US-Iran peace deal will see the Strait of Hormuz reopened within 30 days, allowing roughly 20 per cent of the world's oil and gas supplies to flow freely again

A deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes mean future flare-ups are possible.…

Oil prices dropped towards $80 a barrel and stocks rallied on Monday after Washington and Iran reached a framework deal to end the Middle East war and reopen the Strait of Hormuz,…

Oil prices tumbled and stocks soared Monday after the United States and Iran said they had reached a deal to end their war that will reopen the Strait of Hormuz, sending a wave of…

US-Iran peace deal sparks immediate drop for Brent crude but analysts warn complex negotiations lie ahead, potentially halting further significant drops

Brent crude fell nearly 5% to around $83 a barrel after ending last week at a three-month low, while West Texas Intermediate traded near $80. | World News

High oil and gas prices and energy supply problems won't be solved overnight, despite Sunday's agreement to end the Iran war and reopen the Strait of Hormuz.

Interim accord to ease supply crunch that has gripped energy markets since February

The US and Iran have agreed on an interim deal to end the war, removing a major overhang for markets and sending oil prices lower

Oil prices traded over 5% lower on Monday morning after US President Donald Trump announced the completion of the deal with Iran and the reopening of the Strait of Hormuz.

Oil prices fell sharply and global stock markets rallied after the United States and Iran agreed to end their three-month conflict and reopen the Strait of Hormuz, easing fears…

Oil prices fell sharply on Monday while global equities rallied after the United States and Iran announced a deal to end their conflict and reopen the Strait of Hormuz, easing…

Oil and gas flows through the Strait of Hormuz may take months to recover even if the U.S.-Iran deal is finalized.

A US-Iran deal to end the war and reopen the Strait of Hormuz could ease the global energy crunch, but oil prices and supplies may take months to stabilize as shipping restarts…

High oil and gasoline prices, as well as energy supply issues, are unlikely to disappear overnight, despite Sunday's agreement to end the Iran war and...