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Crude oil prices near three-month low on hopes of Strait of Hormuz reopening; Brent oil near $80 per barrel

As reported by mint - markets
Oil prices are near three-month lows as the US-Iran peace deal details emerge, allowing Iran to potentially resume oil exports. Brent crude futures were below $80 per barrel today.
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Crude oil prices have fallen to near three-month lows, with Brent crude futures trading below $80 per barrel. This drop is primarily driven by emerging details of a potential US-Iran peace deal. The deal could allow Iran to resume oil exports, increasing global supply and easing…

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