
Oil prices slide on US-Iran ceasefire deal, raising supply outlook
Oil prices dropped over 2% after Washington and Tehran agreed to a ceasefire, with the deal set to reopen the Strait of Hormuz and lift US sanctions on Iranian crude within 60 days.
Bold, independent coverage of Malaysian politics, business and current affairs.

Oil prices dropped over 2% after Washington and Tehran agreed to a ceasefire, with the deal set to reopen the Strait of Hormuz and lift US sanctions on Iranian crude within 60 days.