BBC News – World
·world
·1 hour ago
Oil prices slide on hopes of US-Iran peace deal
Oil prices fell sharply Monday as markets welcomed hopes of a US-Iran peace deal that could reopen the Strait of Hormuz. Brent crude dropped 5.5% to $97.90, while US crude fell 5.8% to $90.99. President Trump said an agreement had been "largely negotiated," though he cautioned Sunday that both sides must take time to get the deal right.
Summary by Glance · BBC News – World
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