Oil prices decreased by approximately 10% this week, reaching their lowest levels since the onset of the war in Iran. This decline follows President Trump's signing of a deal to reopen the Strait of Hormuz.
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Oil Prices Decrease to Lowest Levels Since Start of Iran War
Oil prices have dropped about 10% this week, marking the lowest levels since the beginning of the Iran war. The decrease is attributed to President Trump's recent agreement to reopen the Strait of Hormuz.
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Oil prices slide near pre-Iran war levels – but it could take months for gasoline to fully drop
Oil Prices Decrease to Lowest Levels Since Start of Iran War