Oil Prices Drop as U.S. Signals Progress in Strait of Hormuz Talks
Oil prices fell to a three-week low on Tuesday as U.S. officials signaled progress in talks to reopen the Strait of Hormuz, with Brent crude dropping nearly 5% to under $80 and U.S. West Texas Intermediate prices sliding more than 5% to $76. Senior figures including Secretary of State Marco Rubio and Treasury Secretary Scott … Read more