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Crude oil futures drop after Trump promises an Iran deal will be signed Friday

Crude oil futures drop after Trump promises an Iran deal will be signed Friday
NPR News Monday 15 June 2026, 01:33 UTC By Camila Domonoske 1 min read
Key Points

Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will reopen after the deal is signed on Friday.(Image credit: Majid Saeedi)

Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will reopen after the deal is signed on Friday.

(Image credit: Majid Saeedi)

Trump (ORG) Iran (LOCATION) the Strait of Hormuz (LOCATION) Majid Saeedi (PERSON)
Originally published by NPR News Read original →

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