Crude oil prices fell 2% as optimism over a potential U.S.-Iran agreement eased supply concerns in the Strait of Hormuz, signaling increased tanker movement and stabilized exports.

Crude oil prices hit near four-month lows as stranded tankers in the Gulf begin moving through the Strait of Hormuz, signaling eased tensions in the region.

Crude oil prices extended their decline on Wednesday, falling to fresh four-month lows as signs of improving tanker movement through the Strait of Hormuz and expectations of…

Crude oil prices edged lower on Friday as concerns over supply disruptions eased with more oil tankers moving through the Strait of Hormuz. Around 7 am IST, Brent crude was…

Brent crude futures fell $1.47, or 1.95%, to $73.79 a barrel, while US West Texas Intermediate fell $1.44, or 2%, to $70.48 a barrel.