Oil plunges after US signals progress on Hormuz deal
The drop appeared unlikely to translate to immediate relief for consumers.
We haven't written up this one. Semafor has the full story — the link below goes straight to it.
Also reported by 2 other outlets
- Deal to open Strait of Hormuz nears ‘final stages’ semafor.com
- Gold rallies above $4 300 on progress toward reopening Hormuz moneyweb.co.za