Oil Prices Fall as US and Iran Reach Agreement and Trump Lifts Blockade on Strait of Hormuz
The moment word got out that the United States and Iran had struck a deal, oil markets moved fast. Brent crude fell 3.9% to $84 a barrel on Sunday, while US crude dropped 4.8% to around $81 a barrel, according to CNN. The declines came within hours of President Trump announcing on Truth Social that … Read more