Major investment banks lowered their oil price forecasts after progress in U.S.-Iran negotiations increased expectations of a reopening of the Strait of Hormuz and a recovery in global oil supplies.

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.

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

Amid the understandings to end the war between the US and Iran and the expected opening of the Strait of Hormuz, a barrel of Brent crude is trading at $83, US crude (WTI) at $80;…

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

Brent crude dropped over 4% to $83.04 as Iran-US peace talks raise hopes of reopening the Strait of Hormuz. Bitcoin rose 2% to $65,800 on improved risk

The price of U.S. crude oil fell to its lowest point since early March, but it’s still up 40% since the start of the year.

US-Iran peace deal reopens Strait of Hormuz, pushing crude oil prices down and setting expectations for lower gas prices. Bitcoin also rallies toward $74K.

Morgan Stanley lowers Brent crude forecasts to $80-$90 per barrel as US-Iran ceasefire talks near completion, reopening the Strait of Hormuz to global oil

Major investment banks lowered their oil price forecasts after progress in U.S.-Iran negotiations increased expectations of a reopening of the Strait of Hormuz and a recovery in…

Oil prices fell to a three-month low Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the United States and Iran.

The drop to the lowest since early March has erased the bulk of the gains seen during the conflict. Read more at straitstimes.com. Read more at straitstimes.com.

Brent crude drops below $80 per barrel for the first time since the Iran conflict began, as a US-Iran peace deal framework eases Strait of Hormuz fears.

Brent crude fell below $80 as the US-Iran deal to reopen the Strait of Hormuz shifted oil supply expectations. Bitcoin rose to $65,800 on easing inflation

Oil prices edged higher as investors assessed the implications of a potential U.S.-Iran peace deal and the reopening of the Strait of Hormuz. While an interim agreement was…

Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end, paving the way for a recovery…

Oil prices fell below $80 per barrel as markets grew increasingly confident that the effective closure of the Strait of Hormuz is coming to an end. This comes as strategic oil…

Following the announcement of a memorandum of understanding signed between the United States and Iran to ease regional tensions, the pri ...