Oil prices fall back to US$80 per barrel amid optimism over Mideast peace deal
Optimism over a tentative peace deal between the U.S. and Iran continues to push world oil prices lower, despite concerns it could take weeks for oil to start flowing freely again.
Oil Prices Tumble on Hormuz Reopening Hopes
- Global oil prices break below $80 for the first time since the Iran war began. Ships still arenβt 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 Might Not Go Back to Normal Anytime Soon The Atlantic —
- Oil Falls Below $80 For First Time in More Than Three Months πΉ Bloomberg — Β· 3min