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Oil Prices Fall on News of Possible Iran Deal

by LJ News Opinions
May 24, 2026
in Business
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American officials said on Sunday that the United States and Iran had agreed in principle to a peace deal that would reopen the Strait of Hormuz. But final approval of a deal could take days.

While U.S. officials offered broad outlines of the deal, the details remain to be worked out.

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Tags: Fees and Rates)IranOil (Petroleum) and GasolinePrices (FaresStandard & Poor's 500-Stock IndexStocks and Bonds
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