Oil prices under new wave of pressure amid lingering questions over a Strait of Hormuz reopening

🇺🇸 MarketWatch (US) —

AI Summary

Oil prices face pressure amid uncertainty about reopening the Strait of Hormuz, with concerns over the fragility of a US-Iran deal. The fluid geopolitical situation feeds speculation on energy markets and global trade flows.

A flurry of headlines on Friday point to an increasingly fragile deal between the U.S. and Iran.

World Politics Markets Commodities Energy Shipping oil prices Strait of Hormuz US-Iran deal energy markets shipping routes geopolitical risk

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