Oil Extends Fall As Investors Weigh Iran War Deal

Channelstv | 17-06-2026 08:05pm |

Oil prices continued to decline as investors assessed the implications of a newly emerging interim peace deal regarding Iran. President Donald Trump announced that the agreement would prevent Tehran from developing nuclear weapons, while a U.S. official indicated that it would permit Iran to resume oil sales upon signing the deal. This development has led to increased market volatility as traders react to the potential changes in oil supply dynamics.

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