Categories: Business

Oil prices dip below $100 per barrel despite Hormuz being closed for three months

Oil prices dropped significantly as markets reacted to optimism surrounding a potential US-Iran peace deal, despite President Trump urging negotiators not to rush. Key issues like the Strait of Hormuz and frozen assets remain unresolved, tempering expectations for an imminent breakthrough in the ongoing conflict.

The News Vista

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The News Vista
3 months ago

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