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Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal

Oil declines as Mideast peace prospects rise following U.S.-Iran deal.

1 report1 sourceJun 18, 2026, 1:49 AM
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CNBCJun 18, 2026, 1:49 AM

Oil falls as International Energy Agency forecasts supply glut next year after U.S.-Iran deal

Oil declines as Mideast peace prospects rise following U.S.-Iran deal.

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What's in, or not in, the U.S.-Iran peace deal

After months of war and days of secrecy, U.S. officials dictated the text of President Trump's much-touted deal to end the war with Iran. It would reopen the Strait of Hormuz and would "reaffirm" that Iran "shall not… Grouped from 3 articles across 3 sources.

CBS News, The Globe and Mail, The Straits Times
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