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

As reported by mint - markets
US-Iran peace deal: Brent crude futures rose 47 cents, or 0.6%, to $79.43 per barrel, while US West Texas Intermediate (WTI) crude advanced 48 cents, or 0.6%, to $76.53 per barrel.
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Brent crude futures climbed 0.6% to $79.43 per barrel, while US West Texas Intermediate (WTI) crude also advanced 0.6% to $76.53 per barrel. This rise occurred amidst reports of a potential US-Iran peace deal, impacting global oil market dynamics. Despite the day's gains, prices…

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