Oil falls on US-Iran deal but Hormuz backlog may last weeks
Prices slip even as analysts warn flows may be slow to recover and remain vulnerable to renewed disruption
Oil falls on US-Iran deal but Hormuz backlog may last weeks
Prices slip even as analysts warn flows may be slow to recover and remain vulnerable to renewed disruption Grouped from 2 articles across 2 sources.
FilterFinancial Times
Clustered coverageCNBC, Financial Times
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Markets cheer U.S.-Iran agreement, but some investors caution deal is yet to be signed
Asian stocks rallied Monday while oil prices tumbled after the U.S. and Iran agreed to a peace deal aimed at ending nearly four months of conflict.
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SoftBank surges more than 10% as Iran-U.S. deal sends Asia tech stocks soaring
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Dozens protest against peace deal outside Iran foreign ministry: Media
It comes as an upcoming peace deal faces opposition from hardline Iranian figures.
The Straits Times