Oil Prices Drop as Investors Weigh Potential Hormuz Deal Between Iran, Gulf States

Summary Benchmarks head for weekly losses of about 9% Cargo vessels could face fees under Iran draft plan US non-farm payrolls report due on Friday (Reuters) – Oil prices edged lower on Friday as investors weighed ​signals that Gulf states and Iran were closing in on a deal to reopen the Strait of ‌Hormuz under … Read more