Deal or no deal, oil prices will stay high for months
The pre-war days of $60 crude are not coming back soon
Oil Prices Tumble on Hormuz Reopening Hopes
- Global oil prices break below $80 for the first time since the Iran war began. Ships still aren’t passing through Hormuz. MarketWatch —
- Oil Falls Below $80 For First Time in More Than Three Months Bloomberg —
- Oil drops below $80 on US-Iran deal Vanguard News —
- Oil prices fall back to US$80 per barrel amid optimism over Mideast peace deal Global News —
- Oil Prices Might Not Go Back to Normal Anytime Soon The Atlantic —