Crude oil prices fall over 4% after US-Iran peace deal to open Strait of Hormuz; Brent oil below $85 a barrel (opens original article in a new tab)

Crude oil prices fell over 4% following a US-Iran peace deal that aims to end military operations and reopen the Strait of Hormuz, with Brent crude below $85 a barrel.

• Crude oil prices fell over 4% after US-Iran peace deal
• Brent crude oil price dropped 3.95% to $83.88 a barrel
• US West Texas Intermediate (WTI) crude declined 4.68% to $80.91