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How Will the Iran-US Peace Deal and Hormuz Reopening Affect Global Oil Prices?
Oil prices plunged after the Iran-US peace deal reopened the Strait of Hormuz, raising hopes for lower inflation and stronger global growth.
Julian•Invalid Date
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Oil prices plunged after the Iran-US peace deal reopened the Strait of Hormuz, raising hopes for lower inflation and stronger global growth.

European markets fell sharply after U.S. strikes on Iran fueled fears of oil supply disruption, rising inflation, and Middle East instability.

Oil prices drop 10% after the Strait of Hormuz reopens and the US extends a Russian oil waiver. Here’s what it means for global markets and energy supply.