World shares are mixed and oil is trading below $80 a barrel as investors watch for details on the interim agreement to end the U.S.-Iran war

At 0045 GMT, US benchmark West Texas Intermediate was down 4.70 percent at $80.89 a barrel and North Sea Brent Crude sunk 4.03 percent to 83.81 percent. | World News

Stock markets rallied worldwide, and oil prices eased after the United States and Iran reached a tentative deal to get the global flow of crude going again.

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…

Oil prices, which settled at a three-month low overnight, reflected the cautious stance, with Brent crude futures up 51 cents, or 0.6 per cent, at US$83.74 a barrel.

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…

World shares are mixed and oil is trading below $80 a barrel as investors watch for details on the interim agreement to end the U.S.-Iran war

HONG KONG (AP) — Asian shares were mixed and oil was trading below $80 a barrel on Wednesday as markets watched for details on the interim agreement between the U.S.

Brent crude prices briefly jumped back above $80 per barrel on Wednesday as traders digested conflicting signals about efforts to end the war and reopen Hormuz.