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Oil Prices Decline as US-Iran Agreement Appears Imminent

Istanbul: Oil prices edged lower in early trading on Friday amid cautious optimism that the United States and Iran may be nearing an agreement, a development that could help ease regional tensions. Brent crude futures fell $1.34, or 1.35%, to $98.05 a…

Oil Prices Fall Sharply After Full Reopening of Strait of Hormuz

Doha: Global oil prices have dropped by more than 10 percent following the announcement of the full reopening of the Strait of Hormuz, easing concerns over supply disruptions. The price of Brent crude for June delivery fell by 10.42 percent to USD 89….