WTI crude drops roughly 5% to $80 per barrel on US-Iran diplomacy hopes as traders price in no rate change at Kevin Warsh's first FOMC meeting in June 2026.

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

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

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.

Interim accord to ease supply crunch that has gripped energy markets since February

Oil prices traded over 5% lower on Monday morning after US President Donald Trump announced the completion of the deal with Iran and the reopening of the Strait of Hormuz.

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

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.

Crude has tumbled a third since the Strait of Hormuz peace deal, but pump prices are down just 15%. The rockets-and-feathers effect, explained.

US-Iran framework deal sends WTI crude down 5% and Brent to three-month lows. Asian refiners eye Iranian crude as Bitcoin surges past $65,500.

Brent crude falls to $83 as an interim US-Iran peace deal to reopen the Strait of Hormuz reshapes inflation expectations, with implications for Bitcoin and

Oil prices slid to fresh three-month lows on Tuesday as markets weighed prospects for a resumption of supplies through the Strait of Hormuz alongside weaker physical demand and…

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

A senior US official said the US will waive sanctions on Iranian oil, under the deal to end the war, raising the prospect of millions of additional barrels of supply.

Brent crude futures dived below US$80, lowest since the Iran war began. Read more at straitstimes.com. Read more at straitstimes.com.

WTI crude drops roughly 5% to $80 per barrel on US-Iran diplomacy hopes as traders price in no rate change at Kevin Warsh's first FOMC meeting in June 2026.