The development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.

Oil prices dropped significantly, reaching their lowest point in nearly two months as U.S. and Iranian officials indicated a potential agreement to de-escalate tensions in the…

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

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

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

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

Iran and the US reached a framework deal to halt war and reopen the Strait of Hormuz. Oil prices dropped up to 9%, with crypto implications emerging.

Brent crude futures falls $4.08 to $83.25 a barrel and US West Texas Intermediate falls $4.35 to $80.53.

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

The US and Iran reached an interim deal to reopen the Strait of Hormuz. Oil dropped nearly 5% while Bitcoin rose 2% to its highest since early June.

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…

US & Iran will sign MoU in Switzerland Friday. Trump said that the strait would open 'toll-free' and naval blockade of Iranian ports would end.

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…

Crude oil prices fell after the US-Iran peace deal. The Strait of Hormuz may reopen, but experts say oil supply challenges could continue.

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