Oil prices fall as U.S., Iran 'framework' talks lift risk premium

Schrodingers Iran peace agreement. Agreed sufficiently for oil prices to come down. Not agreed sufficiently for it to be obvious that Trump lost as a result of a totally ill-conceived operation.

Crude oil prices are starting to restabilize as news comes in yet again about a possible deal between the U.S. and Iran, but that leaves a critical question: What was all the economic pain during the war for? Working families spent untold money at the pump purely for Trump’s ego. A shame to see.

Crude oil prices dropped about $5 per barrel this evening in the first major trading since the emergence of rough and tentative outlines of a deal to end the U.S.-Iran conflict.

Oil prices fell sharply and stocks rose on Monday after American officials said that the U.S. and Iran had agreed in principle to a peace deal that would reopen the Strait of Hormuz. But final approval of a deal could take days.

the only one to spend $29B and have all our bases in the mideast trashed, to reopen the SoHormuz that he closed, to release $25B to Iran (3X Obama) and still not get a nuclear deal (which Obama did), ruining mideast relations, depleting defense supplies, and sending oil prices soaring.

So, oil prices have dropped on claims there is almost an almost-deal (that doesn’t include nukes) ending the war between the US and Iran. But “almost” has every possibility of melting in the sunlight. How much $$ on stock trades will Trump & his buddies make this time? bsky.app/profile/puck...

"It reportedly involves a 60-day ceasefire extension, reopening the Strait of Hormuz and a plan for further negotiations over Iran's nuclear programme. Oil prices fell sharply and Asian stock markets rose on Monday on hopes of an agreement." @bbcnews-world-rss.bsky.social bbc.com/news/article...

5. Sogar wir "Progressiven" müssen hoffen, dass Öl & Gas bald wieder durch die Straße von Hormuz fließen: "With oil markets nearing the danger zone, a US-Iran deal can’t come soon enough. Global prices are approaching a tipping point that could trigger inflation, shortages & even recession."

OIL PRICES SLIDE MORE THAN 3% AFTER TRUMP ADMINISTRATION TEMPERED EXPECTATIONS OF A NEAR-TERM IRAN DEAL

More fertilizer woes due to the closure of the Strait of Hormuz - production of phosphorus fertilizers needs sulphur (50% traded via the strait); prices have spiked from $150 to nearly $1k per tonne. It's used on corn, soy, rice and palm oil. Next up: food crisis. www.ft.com/content/3cf6...

I really should have transferred most of my 401(k) money into calls on oil futures last week while oil prices were sagging on false hopes, shouldn't I?

Crude oil prices have dropped due to the Lying Thiefs announcement of an impending Iran peace deal. Watch early next week for the shallow assholes announcement of wiping them off the planet. Convicted criminal trump has made over 3,700 trades in 3 months.

You all realize that Trump keeps claiming there's a deal with Iran to manipulate stock and oil prices out of desperation. It's the tariff TACO trade all over again. There is no deal.

Oil prices fall over 5 per cent on hopes for Iran deal

Oil prices fell over 5.5% in one day after news of a possible reopening of the Strait of Hormuz. Wall Street cheered, while traders jokingly wondered what excuse they'd use next week for high gas prices