Oil Prices Hit Three-Month Low After US-Iran Reach Peace Deal
WASHINGTON: Global oil prices fell to their lowest level since March after reports emerged that the United States and Iran had reached a preliminary understanding to end hostilities and restore shipping through the Strait of Hormuz. Brent crude dropped 4.1% on Monday to $83.75 per barrel, while US West Texas Intermediate (WTI) fell 4.72% to […]
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