Business

Oil Prices Drop Amid Iran Deal Hopes

Updated 2026-06-09 12:45 UTC 1 source Negative

Oil prices have fallen as President Trump continues to assert that a deal with Iran is imminent despite recent tensions. The market remains skeptical of the prospects for an agreement.

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CNBC
President Donald Trump has repeatedly said a deal with Tehran to reopen Hormuz is close, but such an agreement still has not materialized.
2026-06-09 12:29 UTC
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