Hopes of unfettered Mideast flows from Friday sparked a major sell off, but airline fuel bills are still 20% higher than before the war.

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.

Big winner in Dublin was Ryanair which soared 3%, although the airline lagged some of its competitors in other markets

The closure of the Strait of Hormuz has displaced tens of millions of barrels of crude since the war began in February.

Strait of Hormuz set to reopen after months of disruption amid Iran peace deal

Oil prices are falling after a tentative agreement to reopen the Strait of Hormuz, but broader relief from higher prices may take time.

'Wild ride' for jet fuel may be ending, as watchdog warns companies against surcharges.

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…

The US and Iran are set to sign the agreement on Friday, with oil prices already falling off the back of hopes that the Strait of Hormuz will reopen

Following the announcement of a memorandum of understanding signed between the United States and Iran to ease regional tensions, the pri ...

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…

Oil prices have plummeted following a historic agreement between US President Donald Trump and Iranian President, signalling a potential end to conflict and a reopening of the…

Oil prices fell after the U.S. and Iranian presidents signed an interim agreement aimed at reopening the Strait of Hormuz, increasing expectations of additional crude supplies and…

Hopes of unfettered Mideast flows from Friday sparked a major sell off, but airline fuel bills are still 20% higher than before the war.

Oil prices have fallen significantly. This is due to a preliminary agreement between the United States and Iran. The deal aims to reopen the Strait of Hormuz and lift sanctions.…