Oil Prices Drop On US-Iran Deal Hopes

Crude oil futures sink to six-week low Crude oil futures have fallen to their lowest since mid-April. The decline is attributed to the US and Iran nearing a preliminary agreement. This potential deal would include reopening the Strait of Hormuz, a key oil s

Crude oil futures sink to six-week low

Crude oil futures have fallen to their lowest since mid-April.

The decline is attributed to the US and Iran nearing a preliminary agreement.

This potential deal would include reopening the Strait of Hormuz, a key oil shipping route.

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