LONDON, June 15 - A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz sent oil prices tumbling, as traders anticipated the return of flows.
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The countries are expected to sign a memorandum of understanding on Friday before proceeding to the next stage of talks Full report: Trump declares deal ‘all signed’ as G7 leaders try to tie loose ends You can follow… Grouped from 2 articles across 1 sources.
Oil prices sink to a three-month low on reports the US will allow Iran to start selling oil again, while the Australian share market is likely to open lower after big falls across Wall Street's tech stocks. Follow live. Grouped from 3 articles across 3 sources.
The US has long extended unconditional support for Israeli aggression. Now, it struggles to rein it in.
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Oil prices are falling after a tentative agreement to reopen the Strait of Hormuz, but broader relief from higher prices may take time.
Australia has lowered its travel advice warnings for several Middle Eastern countries following the signing of a ceasefire agreement between the US and Iran this week. Follow live.