Oil Prices Waver as Market Weighs Chances of U.S.-Iran Deal
Front-month Brent Crude futures dropped to below $100 per barrel again in morning trade in Europe on Thursday, reversing earlier gains, as the market hopes the U.S. and Iran could be able to reach an agreement that would eventually reopen the Strait of Hormuz. Following a steep selloff on Wednesday,
ORIGINAL SOURCE →via OilPrice.com
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · IR
- [HEALTH] In the name of immunity, for the sake of the sacred: An analysis of the Iranian government's response to the COVID-19 ou
- [ENERGY] Shell profits surge on Iran war price-shock as windfall tax calls grow
- [CONFLICT] US and Iran Inch towards Short-term Deal to End Fighting
- [CONFLICT] Trump says war to end quickly as Iran claims control of Strait of Hormuz
- [CONFLICT] Iran's president says he recently met with the supreme leader
- [CONFLICT] Ship traffic through Hormuz falls to lowest level since war began