Oil prices hit lowest levels since the Iran conflict amid negotiation progress. New all-time high by September 30 at 8.5% YES.

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…