Oil prices fell more than $4 US a barrel on news of a deal to end the fighting, as world markets responded positively to the developments. Wall Street futures also pointed up before the opening bell.

(Bloomberg) -- Wall Street traders drove stocks higher as oil fell after Iran signaled a deal with the US is approaching, fueling hopes for an end to the war that has roiled…

Oil prices dropped on Sunday after President Donald Trump said an agreement with Iran had been reached and the United States would end its naval blockade on the country.