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diplomacyMay 27, 2026
Oil plunges to $89 per barrel after Iran reports that peace deal would reopen Strait of Hormuz in 1 month
Summary
Oil plunges to $89 per barrel after Iran reports that peace deal would reopen Strait of Hormuz in 1 month Oil prices plunged to $89 a barrel Wednesday following reports that the proposed Iran-US peace deal would see the Strait of Hormuz being reopened in just one month.
Actors involved
USIran
Sources
- Anthony BlairBy Anthony Blair
Oil plunges to $89 per barrel after Iran reports that peace deal would reopen Strait of Hormuz in 1 month See more of our coverage in your search results.Add The New York Post on Google Oil prices plunged to $89 a barrel Wednesday following reports that the proposed Iran-US peace…
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