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Brent crude oil price touches pre-Iran war lows after ceasefire deal
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. This is expected to boost global oil supply. Analysts anticipate a gradual recovery in oil flows. Some experts believe prices may not plummet further.
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vanguardngr.com
Brent oil price drops under $80 on US-Iran deal
Oil prices fell to a three-month low Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the United States and Iran.
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straitstimes.com
Brent oil falls below US$80 with US-Iran deal set to add supply
The drop to the lowest since early March has erased the bulk of the gains seen during the conflict. Read more at straitstimes.com. Read more at straitstimes.com.
