U.S.-Iran deal to open Hormuz could come Tuesday or Wednesday: Bessent
The U.S. and Iran could reach a deal on Tuesday or Wednesday to reopen the Strait of Hormuz with freedom of movement for commercial ships, Treasury Secretary Scott Bessent said…
Oil prices fall 20% as traders eye U.S.-Iran ceasefire breakthrough
Global oil prices have tumbled by around 20% from 2026 highs as investors have grown increasingly optimistic on prospects for a long-lasting ceasefire deal between the U.S. and Iran, which…
U.S. oil falls amid hopes that a U.S.-Iran agreement will restore Hormuz traffic
Oil prices fell Wednesday after Secretary of State Marco Rubio said the U.S. will give talks with Iran “every chance to succeed.” West Texas Intermediate futures tumbled 4.12% to $90.02…
