Categories: Business

Crude prices fall as US-Iran deal reopens Hormuz after over 100 days

Oil prices dropped significantly as the US and Iran reached an interim agreement to end the war, reopen the Strait of Hormuz, and lift sanctions on Tehran’s oil. This deal, aiming to restore pre-war conditions, could resolve a major energy supply disruption and potentially lead to a global oil surplus by 2027.

The News Vista

Share
Published by
The News Vista

Recent Posts

‘Who approved it?’: HI president Dilip Tirkey seeks answers on jersey switch

Hockey India president Dilip Tirkey questions the director general's authority. He seeks accountability and transparency…

22 minutes ago

Brij Bhushan acquitted in sexual harassment case

A Delhi court has acquitted former WFI chief Brij Bhushan Sharan Singh. The sexual harassment…

31 minutes ago

Jantar Mantar not okay for protests? SC seeks replies

The Supreme Court has asked the Centre and Delhi authorities for their responses. A PIL…

47 minutes ago

Vijay’s Jana Nayagan crosses Rs 300 crore worldwide on Day 12

Jana Nayagan continues to perform well at the box office, earning over Rs 3.85 crore…

50 minutes ago

Bankipur bypoll: PK adds a dash of yellow to Bihar palette of saffron & green

Prashant Kishor secured his first electoral victory in the Bankipur bypoll. This win challenges the…

54 minutes ago

Lower min age for MD, directors to 18: Parliamentary panel

A parliamentary panel suggests lowering the minimum director age to eighteen years. The committee also…

1 hour ago