US-Iran peace deal signing and the full opening of the Strait of Hormuz, if it goes through, will bode well for availability of crude oil supplies globally. Crude oil supplies could return to normal and benchmark prices may slip below $80 a barrel within the next two to three weeks if the proposed US-Iran agreement is formally signed on Friday and shipping through the Strait of Hormuz resumes without disruptions, according to executives at Indian refining companies.

Shipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution, others anticipate a surge in activity…

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,…

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

An LNG tanker is nearing the Strait of Hormuz as the US and Iran reportedly reach a deal to reopen the vital waterway. European natural gas and oil prices fell as traders…

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 "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil imports. This normalization is expected…

Oil prices drop 4% after the US and Iran agree to reopen the Strait of Hormuz within 30 days, with WTI crude falling to the $81-85 range and crypto markets

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.…

The reopening of the Strait of Hormuz could significantly ease India's oil supply risks and reduce inflationary pressures.

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…

Normalised shipping expected to lower import bill, support rupee and moderate inflation pressures

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

A peace deal between the US and Iran is set to reopen the Strait of Hormuz. This agreement is anticipated to significantly boost India's exports to West Asia. It will also help…

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.

Reopening the strait would provide relief across Asia, which consumed about 90% of the oil flowing through it. Read more at straitstimes.com. Read more at straitstimes.com.

SINGAPORE: Oil prices slipped to a three-month low on Monday after US President Donald Trump and Iran's deputy foreign minister said they had reached an initial deal to end the…

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…