Oil Prices Slide As US And Iran Sign Peace Deal To End Middle East Conflict
Oil prices fell sharply after the US and Iran signed a peace agreement to end months of conflict and begin 60 days of negotiations.
Oil prices fell sharply after the US and Iran signed a peace agreement to end months of conflict and begin 60 days of negotiations.
Global crude oil prices fell sharply on Monday after the United States, Israel and Iran reached an agreement to end the Middle East conflict and reopen the critical Strait of Hormuz shipping route. Brent crude, the international oil benchmark, declined by five per cent to $82.90 per barrel. This marks the first time oil has…