MARKETSSTORY 1309· JUNE 4, 2026

U.S. Crude Falls Below $85 as U.S.-Iran Peace Deal Targets Strait of Hormuz Reopening

Oil prices slid below $85 a barrel on Friday after Iranian state media reported a proposed peace deal between the United States and Iran that would see the Strait of Hormuz reopened. The ne

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SOURCE

cnbc.com

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