Oil prices sink on signs of U.S.-Iran deal
Oil prices have decreased significantly following indications of a potential U.S.-Iran deal to end their conflict. The Strait of Hormuz, a critical energy chokepoint, has been a major factor in recent price hikes and global economic strain. While a de-escalation could ease immediate pressures, experts caution that the full restoration of oil flows and market stability may take months or even years. AI
