Crude has tumbled a third since the Strait of Hormuz peace deal, but pump prices are down just 15%. The rockets-and-feathers effect, explained.

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,…

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 fell to a three-month low after the US and Iran's peace deal

The decline came after Trump said an agreement had been reached with Iran that would lead to the reopening of the Strait of Hormuz.