Business
Oil Prices Drop 20% From 2026 Peak Amid U.S.-Iran Ceasefire Optimism
Brent crude prices have retreated sharply following reports that the U.S. and Iran have mostly agreed to a 60-day memorandum of understanding to pause hostilities.
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2 stories on oil-prices, across Business.
Brent crude prices have retreated sharply following reports that the U.S. and Iran have mostly agreed to a 60-day memorandum of understanding to pause hostilities.
Crude oil futures fell after U.S. officials indicated an agreement in principle to end the conflict with Iran and reopen the Strait of Hormuz.