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Oil gives up earlier gain, tumbles after Bessent says deal on Strait of Hormuz may come this week
Crude prices reversed course on Tuesday after Treasury Secretary Scott Bessent indicated there may be a deal to open the key Strait of Hormuz as soon as this week.
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forbes.com
Bessent Says U.S. and Iran Could Reach Deal To Open Strait of Hormuz ‘Today Or Tomorrow’
Oil prices fell and stocks rose after the treasury secretaries comments in an interview on Tuesday morning.
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cnbc.com
Oil gives up earlier gain, tumbles after Bessent says deal on Strait of Hormuz may come this week
Crude prices reversed course on Tuesday after Treasury Secretary Scott Bessent indicated there may be a deal to open the key Strait of Hormuz as soon as this week.
