Oil drops 20% from 2026 peak on optimism over U.S.-Iran ceasefire talks
Global oil prices have retreated sharply amid hopes that a lasting Middle East ceasefire can unlock the Strait of Hormuz.
Oil drops 20% from 2026 peak on optimism over U.S.-Iran ceasefire talks
Global oil prices have retreated sharply amid hopes that a lasting Middle East ceasefire can unlock the Strait of Hormuz. Grouped from 2 articles across 2 sources.
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Oil prices fall after report of breakthrough in US-Iran talks
A report of a extended ceasefire, subject to Donald Trump's approval, has led to global oil prices to fall on Thursday.
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