U.S. oil falls below $90 on report Iran agreement would restore Hormuz traffic in one month

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May 27, 2026 - 14:32
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U.S. oil falls below $90 on report Iran agreement would restore Hormuz traffic in one month
U.S. crude oil prices fell about 5% Wednesday on a report Iran would restore traffic through the Strait of Hormuz as part of a framework deal with the U.S.

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