WSJ
29 May 2026, 08:28 UTC · 12h ago
Source · https://www.wsj.com/finance/stocks/oil-falls-though-u-s-futures-unmoved-as-bessent-says-u-s-iran-deal-in-sight-9deb265e
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The U.S. and Iran are reportedly closing in on a deal to reopen the Strait of Hormuz. — A deal would significantly reduce geopolitical risk premiums and increase global oil supply, putting downward pressure on crude prices.
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