Oil Drops to 3-Month Low as US-Iran Deal Signals Supply Return

Oil prices fell by more than $2 per barrel on Thursday after the U.S. and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive U.S. sanctions on Tehran’s oil, boosting the oil supply outlook.Brent crude futures LCOc1 were down $2.14…

Sharing Is Caring:

Leave a Comment

Exit mobile version