Oil prices fall as hopes grow that Strait of Hormuz will reopen

Global oil prices have fallen following the announcement of a US-Iran peace deal which is hoped will reopen the Strait of Hormuz. US President Donald Trump announced in a social media post last night (Sunday, June 14) that the US and Iran had reached an agreement to bring the ongoing war in the Middle East […] The post Oil prices fall as hopes grow that Strait of Hormuz will reopen appeared first on Agriland.ie.