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Economics

Oil Price Decline Accelerates Amid Iran Deal Optimism

Brent crude oil prices have plunged below $80 per barrel, marking the fifth consecutive daily loss, largely driven by reports of a potential U.S.-Iran agreement allowing Iran to resume oil exports.

2 min readTest Auto-Publish FeedUpdated Jun 17, 12:22 PM
IranU.S. Policyoilenergy markets
This story is using an image pulled from the original reporting.
Story change
A later update changed part of this story.
Before: Brent crude oil prices have plunged below $80 per barrel, marking the fifth consecutive daily loss, largely driven by reports of a potential U.S.-Iran agreement allowing Iran to resume oil exports.
Why it changed: New information came in after the story first went live, so the earlier wording is no longer the best short read.
Now: <strong>[UPDATE 8:23 AM ET]</strong> <strong>Operative Telegram Feed:</strong> 🚨 HOLY CRAP! President Trump just dropped this nuke in front of the press "[Obama gave Iran] $1.7 BILLION...you know what the Iranians did? They LAUGHED at Obama and said he's a stupid son of a b*tch!" 🔥🔥🔥 Video   — Eric Daugherty (@E
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