Oil prices had already fallen quite dramatically on Thursday and Friday in anticipation of a deal. Trump has posted online that the Strait of Hormuz will reopen after the deal is signed this Friday.
Falling oil prices have dramatically improved India’s economic outlook, but the country’s biggest macro risk has shifted almost overnight. Sonal Varma, Chief Economist at Nomura, discussed in a recent ...
Oil prices have fallen to levels not seen since before the war in Iran started, offering relief to households, businesses and ...
Heads up, motorists!
The price retreat highlights how quickly Persian Gulf producers restored oil flows through the Strait of Hormuz after an ...