Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts and regional benchmarks collapsing.
Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts and regional benchmarks collapsing.
<iframe src="https://statesidedaily.com/embed/cluster/71172b12af5efb6d3168c59ee99510312fb85c1a" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Oil Falls Below $80 With US-Iran Deal Set to Add Wave of Supply"></iframe>
