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Oil Extends Decline After Trump Says US Nearing Deal With Iran

Oil Extends Decline After Trump Says US Nearing Deal With Iran
Bloomberg Markets Thursday 11 June 2026, 22:04 UTC By Nicholas Lua 1 min read
Key Points

Storage tanks at the PEMEX Deer Park Refinery in Deer Park, Texas, US, on Friday, March 13, 2026. The worst supply disruption in the history of the oil market is showing no signs of abating, with crude prices surging since the Iran war began. Photographer: Mark Felix/Bloomberg

Storage tanks at the PEMEX Deer Park Refinery in Deer Park, Texas, US, on Friday, March 13, 2026. The worst supply disruption in the history of the oil market is showing no signs of abating, with crude prices surging since the Iran war began. Photographer: Mark Felix/Bloomberg
Trump (ORG) US (LOCATION) PEMEX (ORG) Deer Park (LOCATION) Texas (LOCATION) the Iran war (EVENT) Mark Felix (PERSON)
Originally published by Bloomberg Markets Read original →

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