After spending months pricing in tanker attacks, shut-in production, damaged LNG facilities, and the largest supply disruption in modern oil market history, traders are suddenly betting the crisis is ending.

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…

Oil prices sank Monday, hitting their lowest levels in more than three months, after the United States and Iran said they had reached an agreement that would end a US blockade of…

Oil prices dropped, while markets cheered apparently progress after Donald Trump said an agreement with Iran had been reached and the US would end its naval blockade on the…

Oil prices fell sharply as President Trump announced a US-Iran deal ending the naval blockade, with Brent crude dropping 3.9% to $84 a barrel, its lowest since March.

US-Iran peace deal sparks immediate drop for Brent crude but analysts warn complex negotiations lie ahead, potentially halting further significant drops

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 sank after the US and Iran agreed to an interim deal to end their months-long war, potentially allowing the Strait of Hormuz to reopen...

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

After weeks of turmoil that rattled energy markets, oil was trading around $80 per barrel mark on Tuesday as the Middle East chaos has shown signs of cooling down. However, the…

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.

After spending months pricing in tanker attacks, shut-in production, damaged LNG facilities, and the largest supply disruption in modern oil market history, traders are suddenly…

West Texas Intermediate traded below $77 a barrel, after sinking 16% over four sessions to post the longest losing run this year. | World News

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…

Crude benchmarks retreat on hopes of US-Iran truce and returning Gulf supplies