Oil hits 3-month low as US, Iran reach peace deal to reopen Strait of Hormuz Reuters
Oil prices have dropped to a three-month low following a significant peace deal between the United States and Iran. This agreement facilitates the reopening of the crucial Strait of Hormuz, a key global shipping lane. The market reacted positively to the news, alleviating…
Market Samachar is a news aggregator. This article was originally published by Reuters. Tap the button above to read the full story on their site.