Oil Prices Drop as Iran Deal Looms

Oil prices just took a nosedive to three-month lows after Trump’s preliminary Iran deal sparked hopes of reopened shipping lanes through the Strait of Hormuz — but with mines still a concern, markets are jittery. Analysts, including Goldman Sachs, are slashing forecasts as Iran’s potential return to the market clashes with China’s falling demand. The real test? Whether this deal sticks and barrels actually start flowing again. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d98946c219e6f61e