US crude falls 5% on Iran peace deal hopes

The US crude benchmark dropped 5% on Tuesday, according to market reports, as investor optimism grew over a potential peace deal with Iran that could ease supply concerns.

• Strong2 days ago · 21:11 · 11 JunOil price falls again, extending recent volatility
• Developingyesterday · 23:04 · 11 JunS&P 500 rallies 1.7% on hopes for US-Iran oil deal
• Developing3 days ago · 19:09 · 10 JunUnattributed assessment: US-Iran permanent peace deal odds fall to 30% by end of July
• Developing4 days ago · 17:08 · 9 JunBrent crude oil price falls to around $91 per barrel

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