US-Iran peace deal. Brent crude futures rose 47 cents, or 0.6%, to $79.43 per barrel, while US West Texas Intermediate (WTI) crude advanced 48 cents, or 0.6%, to $76.53 per barrel ....
The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability to resume oil sales ... .
According to the naval spokesperson, the discovery highlights the increasingly sophisticated concealment methods criminals are adopting to sustain crude oil theft operations ....
Oil prices dropped to three-month lows as a US-Iran agreement to reopen the Strait of Hormuz signals the return of Iranian crude to global energy markets. The post Crude Oil Tumbles to Three-Month Bottom on IranNuclear Agreement Supply... .
... exited the zone in the Gulf blockaded by the US Navy, the TankerTrackers website said on Wednesday, calling it the country's "first crude oil exports in two months".