The Guardian Australia – Business
·business
·5 hours ago
Oil prices plummet as Trump claims he is close to US-Iran deal
Oil prices fell on Friday as Donald Trump announced progress in US-Iran peace talks, with Brent crude trading below $85 a barrel. This decline marks the lowest prices since early March, fueled by optimism that the strait of Hormuz could reopen over the weekend. Analysts noted the market is reacting strongly to headlines regarding the potential.
Summary by OZbrief · The Guardian Australia – Business
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