BUSINESSMARKETWATCH
U.S. oil prices decline as hopes grow for a peace deal arriving soon
U.S. oil prices fell as President Donald Trump indicated progress in negotiations with Iran, raising hopes for a potential peace deal. The West Texas Intermediate's July contract declined on Tuesday following Trump's comments.
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Adjacent reporting
- Crude Falls on Optimism Over Iran Ceasefire Deal: Markets Wrap
- Bitcoin approaches $82,000 as oil crashes 6% on fresh Iran peace deal hopes
- Treasuries Climb as Oil Prices Drop on Iran Peace Deal Optimism
- Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal
- Bitcoin approaches $82,000 as oil crashes 6% on fresh Iran peace deal hopes
- Treasuries Slip as Renewed Ceasefire Tensions Lift Oil Prices