Oil prices fell in early trading on Thursday after the US and Iran signed an interim agreement that would end the Iran war, reopen the Strait of Hormuz and waive US sanctions on ‌Tehran’s oil, resolving the largest energy supply disruption in history. Brent crude futures down 1.12% at $78.66 per barrel and US West Texas Intermediate falls 1.28% to $75.81 per barrel.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

‘Abused’ Palestinian journalist freed from Israeli custody

London-based media outlet The New Arab announced the release of one of…

Iran media reports US strike on Larak island in Hormuz 

The Iranian news agency Tasnim reported a US missile strike on the…

Israeli troops arrest two Palestinians in occupied West Bank

Israeli troops have arrested two Palestinians from the town of Tuqu in…

First Muslim Texas lawmakers sworn in, take oath on Quran

With their hands on centuries-old Qurans, two new state representatives were officially…