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Strait path laid for crude prices to travel downward
Indian refinery executives anticipate oil prices falling below $80 per barrel within weeks if a US-Iran agreement is signed Friday, reopening the Strait of Hormuz. This deal would end hostilities, lift the US naval blockade, and allow for the swift return of Iranian crude to global markets.
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oilprice.com
The Oil Market Could Be Weeks From a Breaking Point | OilPrice.com
ING estimates Brent could surge to $120–$130 per barrel this summer if Hormuz disruptions persist, increasing pressure on Washington to secure a U.S.-Iran deal and avert a deeper…
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timesofindia.indiatimes.com
Oil prices plunge as Trump announces Iran deal complete; Brent falls to $84 a barrel
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…
