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.

Markets bet on renewed Iranian exports, sending WTI and Brent sharply lower

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

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