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Oil prices fall on US, Iran deal announcement

Crude oil prices fell over 4% to their lowest levels in over three months Sunday following the U.S. and Iran's agreement to a ceasefire extension. This extension could lead to the reopening of the Strait of Hormuz, a crucial waterway for global oil trade.

Impact Score

3/10

Sunday, June 14, 2026 at 07:11 PM EDT

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