US-Iran deal: When will oil prices fall?

The United States and Iran announced on Sunday that they had struck a preliminary agreement to end their war, raising hopes for an end to the energy crisis that has gripped countries worldwide since the conflict began. “Ships of the World, start your engines. Let the oil flow!” President Donald Trump wrote in a social media post hailing the US-Iran agreement. The deal would reopen the Strait of Hormuz once both sides formally sign the accord on Friday. The narrow waterway is a crucial route for global energy trade, handling about a fifth of the world’s oil and natural gas […]... Keep on reading: US-Iran deal: When will oil prices fall?