Oil prices dip close to levels seen before Iran war on hopes over shipping route
The cost of benchmark Brent crude dropped as low as 79.61 dollars a barrel at one stage.
Oil Prices Tumble on Hormuz Reopening Hopes
- Oil falls as markets weigh return of supply, peace deal RTE —
- Goldman Sachs slashes oil price forecasts after Iran deal The Telegraph —
- Oil sinks below $80 a barrel as traders bet Hormuz flows will return Financial Times —
- Nationwide starts race to slash mortgages as oil prices plummet and UK interest rate cuts 'more likely' before year end Daily Mail —
- Petrol could drop by 8p within a fortnight – if Trump’s deal holds The i Paper —