Brent oil price drops under $80 on US-Iran deal
Brent North Sea crude, the international benchmark, dropped 3.8 percent to $79.99 a barrel, dipping under $80 for the first time since early March.
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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 —
- Oil prices dip close to levels seen before Iran war on hopes over shipping route The Argus —
- Nationwide starts race to slash mortgages as oil prices plummet and UK interest rate cuts 'more likely' before year end Daily Mail —