Global Oil Prices Plunge as US and Iran Agree to Reopen Strait of Hormuz
Brent and WTI crude futures drop over 4% following President Donald Trump’s announcement of a finalized US-Iran agreement to lift the naval blockade.
Global Oil Prices Increase Following Investor Skepticism Surrounding United States Iran Peace Talks
Brent and WTI crude futures experience upward adjustments but face overall weekly losses as structural disagreements over maritime corridors and nuclear stockpiles persist.