Oil Slips 4% As US, Iran Reach Peace Deal To Reopen Strait Of Hormuz

Oil prices slipped to their lowest since March on Monday after U.S. President Donald Trump and Iran’s deputy foreign minister said they had reached an initial deal to end the war and to resume traffic through the Strait of Hormuz.Brent crude futures fell $3.58, or 4.10%, to $83.7

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