Oil prices slide after US-Iran deal announced

Oil prices fell in Asia on Monday after Pakistan, which has been mediating an end to the US-Iran war, announced a framework deal that President Donald Trump said would see the reopening of the key Strait of Hormuz shipping route.… Oil prices fell in Asia on Monday after Pakistan, which has been mediating an end to the US-Iran war, announced a framework deal that President Donald Trump said would see the reopening of the key Strait of Hormuz shipping route. Brent crude, the global oil benchmark, was 4.8% lower at $83.18 (£61.89) a barrel, while […] The post Oil prices slide after US-Iran deal announced appeared first on KBC Digital.