•As cease fire deal eases supply fears By Yinka Kolawole, with agency report Oil prices fell sharply on Thursday, dropping to their lowest levels since the outbreak of the US-Iran conflict, as an interim agreement between the United States and Iran improved prospects for global crude supply According to Reuters, Brent crude futures declined by $1.53, or 1.9 per cent, to $78.02 per […]

Oil prices slid further to mark a three-month low on Tuesday on optimism over the expected reopening of the Strait of Hormuz after a peace deal between the...

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.

Crude oil futures fall as reports emerge of a US-Iran interim peace deal, easing market tensions and supply concerns.