Oil Plunges on Iran Deal Hopes

Oil drops to $80 a barrel and markets rise as Trump touts Iran framework deal

Euronews Euronews — — 1min

Oil drops to $80 a barrel and markets rise as Trump touts Iran framework deal

Oil prices traded over 5% lower on Monday morning after US President Donald Trump announced the completion of the framework for a peace deal with Iran and the reopening of the Strait of Hormuz.

READ MORE : http://www.euronews.com/2026/06/15/oil-drops-to-80-a-barrel-and-markets-rise-as-trump-touts-peace-agreement-with-iran

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