Oil prices plunge on reports that the US and Iran are close to a peace deal

🇺🇸 markets.businessinsider.com (US) —
Oil prices plunge on reports that the US and Iran are close to a peace deal

AI Summary

US oil prices dropped by nearly 10% after reports surfaced that a peace deal between the US and Iran may be forthcoming. This has led to significant movements in stock prices and bond yields.

US oil prices fell nearly 10% on Wednesday after news that a peace deal could be close. Stocks jumped and bond yields tumbled.

World Politics Markets Commodities Energy Shipping oil prices US Iran peace deal markets stocks

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