Oil prices fall and markets rise on optimism over Iran ceasefire deal
Markets rallied, and oil fell after reports that the United States and Iran had agreed in principle to extend their ceasefire, boosting hopes of a sustained de-escalation in the conflict. View on euro
Oil prices fall with news of deal, boosting hope gas prices will, too
Many characterized the agreement as a breakthrough, which could lead to lower gas prices.
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Oil prices fall as Iran peace deal looks closer - when will petrol and diesel prices drop?
Fuel prices are expected to fall back significantly over the coming days and weeks as the oil market responds to an imminent end to the Iran war. Both US President Donald Trump and Iranian officials confirmed on Sunday they have agreed on a framework to ...
Oil prices fall as market bets US.-Iran fighting won't escalate into wider war
Oil rises Thursday, amid worries over supply disruptions in the Middle East following fresh strikes on Iran by the U.S. military.
Oil price today (July 7): Crude oil snaps 2-day fall as projectile hits tanker in Hormuz. Where are prices headed?
Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, to $68.84 a barrel. Both benchmarks had settled close to their pre-Iran war levels on Monday.
Why the US-Iran peace deal remains the key market risk factor for the rest of the year
While Americans celebrate falling oil prices, the tenuous US-Iran peace agreement in the Persian Gulf remains the single largest risk for markets in the second half of the year, according to Oxford Economics chief global economist Ryan Sweet.