Oil Sinks as US-Iran Deal Boosts Outlook for Reopening of Hormuz
Why does this event matter?
Oil sank after the US and Iran agreed to an interim deal to reopen the Strait of Hormuz, though shipowners were still hunting for more details before committing to resuming transits.
Oil sank after the US and Iran agreed to an interim deal to reopen the Strait of Hormuz, though shipowners were still hunting for more details before committing to resuming transits.
