One Major Cost Is Falling Fast After Trump’s Middle East Breakthrough (opens in new tab)
Global oil prices fell to their lowest level since March, with Brent crude dropping to around $83 per barrel after President Donald Trump announced a peace deal with Iran on Sunday.“The Deal with the Islamic Republic of Iran is now complete. Congratulations to all! I hereby fully authorize the toll free opening of the Strait of Hormuz, and, simultaneously herewith, authorize the immediate removal of the United States Naval blockade,” Trump wrote, adding, “Ships of the World, start your engine...
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