Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › World News › Oil prices extend declines on possible U.S.-Iran peace...
World News

Oil prices extend declines on possible U.S.-Iran peace deal to reopen Strait of Hormuz

Oil prices extend declines on possible U.S.-Iran peace deal to reopen Strait of Hormuz
MarketWatch Friday 12 June 2026, 11:14 UTC By Nora Redmond 1 min read
Key Points

West Texas Intermediate and Brent crude fell further on Friday on reports that a potential deal would lift oil sanctions on Iran.

West Texas Intermediate and Brent crude fell further on Friday on reports that a potential deal would lift oil sanctions on Iran.
Strait (LOCATION) Brent (PERSON) Iran (LOCATION)
Originally published by MarketWatch Read original →

Related Stories

Set your alarms! USA vs Paraguay kicks off at 2am - predict the score

United States of America vs Paraguay; FIFA World Cup Group D Full Time After Extra Time This is a live match. Extra Time Half Time United States of America vs Paraguay. FIFA World Cup Group D. SoFi Stadium.

Sky Sports Football 5m ago

Tornadoes tear through homes and topple power lines in areas outside Chicago

More than a dozen tornadoes tore through towns across Illinois, Indiana and Wisconsin overnight, shredding homes and tearing up trees and power lines. After videos posted to social media Thursday evening showed a massive funnel cloud approaching Streator, Illinois State Police reported “heavy damage” from a tornado that touched down in the city, which sits around 100 miles southwest of Chicago. “It sounded like a train was going through.

NBC News 10m ago

Iran Is Under Mounting Strain From US Naval Blockade

The Eneos Endeavor supertanker approaches the Eneos Corp. Negishi oil refinery in the Keihin industrial area in Yokohama, Japan, on Saturday, June 6, 2026. The supertanker made a rare, dark transit through the Strait of Hormuz in May.

Bloomberg Markets 12m ago

Defending migrants, Pope Leo calls for ‘legal’ paths, a nod to fraught politics

SAN CRISTÓBAL DE LA LAGUNA, Spain — Pope Leo XIV closed his seven-day trip to Spain with appeals for nations to uphold the dignity of migrants — but also for migrants to integrate and reconsider the “siren songs” of traffickers promising “easy paradises” in the West. Democracy Dies in Darkness Defending migrants, Pope Leo calls for ‘legal’ paths, a nod to fraught politics As he finished a seven-day visit, Pope Leo articulated a fuller position on migration, including the “right” of nations...

Washington Post World 15m ago