Oil drops below $80 on US-Iran deal
Oil industry experts and shipping companies have cautioned that the restoration of normal operations after the strait's near shutdown will take time.
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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 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 —
- Oil Falls Below $80 For First Time in More Than Three Months πΉ Bloomberg — Β· 3min