Brent crude drops over 5% to three-month lows near $82.84 as US-Iran MOU signals progress on reopening the Strait of Hormuz. Here's what it means for

Brent crude dropped to $75.55 as Saudi tankers carrying 6 million barrels resumed Strait of Hormuz transit after the US-Iran peace deal lifted a naval

Brent crude drops over 5% to three-month lows near $82.84 as US-Iran MOU signals progress on reopening the Strait of Hormuz. Here's what it means for

Oil prices retreated on Monday after signs of progress in US-Iran negotiations eased fears of ongoing supply disruptions in the Strait of Hormuz, a critical global oil transit…