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Oil Prices Slide On U.S.-Iran Signing, But Fed Rate-Hike Odds Surge
Oil prices slid as Strait of Hormuz traffic picked up after the U.S.-Iran deal signing. Yet Fed rate-hike odds surged as the inflation threat winds down.
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al-monitor.com
Oil’s slide wavers as Trump warns US-Iran deal ‘not final’
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.
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Oil sinks on Mideast deal, but Fed outlook knocks equities
Oil prices dropped further Thursday after US President Donald Trump and his Iranian counterpart signed off on a deal to end four months of war and reopen the Strait of Hormuz to…
