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 tanker and cargo traffic.Optimism that operations will in due course return to pre-war levels in the strait, a global energy chokepoint, helped lift market sentiment with Wall Street some two hours into trading.

Oil prices dropped towards $80 a barrel and stocks rallied on Monday after Washington and Iran reached a framework deal to end the Middle East war and reopen the Strait of Hormuz,…

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

The US and Iran have agreed on an interim deal to end the war, removing a major overhang for markets and sending oil prices lower

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.

Oil prices fell sharply and global stock markets rallied after the United States and Iran agreed to end their three-month conflict and reopen the Strait of Hormuz, easing fears…

Oil prices fell sharply on Monday while global equities rallied after the United States and Iran announced a deal to end their conflict and reopen the Strait of Hormuz, easing…

Crude oil prices fell after the US-Iran peace deal. The Strait of Hormuz may reopen, but experts say oil supply challenges could continue.

Markets rally on expectations that the agreement will ease global energy supply concerns, though analysts warn gas prices may remain elevated for some time.

Deal to reopen the Strait of Hormuz sends crude lower and lifts Asia-Pacific stocks amid hopes of regional de-escalation

Equities mostly rose Tuesday and oil prices held losses following the previous day's euphoric rally sparked by the US-Iran peace deal that will reopen the crucial Strait of Hormuz.

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…

Crude prices have plummeted more than 15 per cent since last week and are almost back to pre-war levels. Read more at straitstimes.com. Read more at straitstimes.com.

Trump-Iran accord lifts hopes for lasting Gulf peace, pulls panic premium from oil

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…

The news boosted optimism for a lasting peace between the two nations after more than three months of war that has rattled energy markets and fuelled a fresh spike in inflation.

Oil prices tumbled further Thursday after US President Donald Trump and his Iranian counterpart signed off on a deal to end their war and reopen the Strait of Hormuz to tanker and…

Oil prices fell further Thursday after U.S. President Donald Trump and his Iranian counterpart signed off on a memorandum to end their war and reopen the...

Crude prices fell further on Thursday after the US and Iran formally signed a memorandum of understanding aimed at ending the war and reopening the Strait of Hormuz, while equity…

Oil prices tumbled after Trump and Iran signed a deal to reopen the Strait of Hormuz, easing supply fears. However, Fed rate hike expectations tempered mar