Iran and US Reach an Initial Deal to End the War and Open the Strait of Hormuz but Challenges Remain

Iran and US reach an initial deal to end the war and open the Strait of Hormuz but challenges remain

The United States and Iran have reached an initial agreement that would extend their shaky ceasefire and lead to the reopening of the Strait of Hormuz.

Oil prices sink to lowest levels in months after Trump touts Iran deal to reopen Strait of Hormuz

Crude oil prices sank to their lowest levels in months following President Trump’s announcement of an agreement with Iran to reopen the Strait of Hormuz.

Global stocks soar and oil prices drop as U.S., Iran reach tentative deal to end war

Oil prices fell more than $4 US a barrel on news of a deal to end the fighting, as world markets responded positively to the developments. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite all rose in early trading on Monday.

All you need to know about Irish fuel prices in the wake of US/Iran agreement

CEO of Fuels for Ireland, Kevin McPartlan told us when Irish consumers can expect to see a reduction in prices

Florida gas prices continue to fall

Gas prices fell for a third straight week in Florida and the trend should continue as the U.S. announced a framework on Sunday for an agreement expected to end its war with Iran and reopen the flow of oil tankers through the Strait of Hormuz.

Oil and gas supplies could take months to return to normal after Iran deal, energy experts say

High oil and gasoline prices and energy supply problems won't be solved overnight, despite an agreement to end the Iran war.