U.S. oil falls below $89 on report Iran agreement would restore Hormuz traffic in one month
- Posted on May 27, 2026
- By CNBC
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- 1 min read
U.S. oil falls below $89 on report Iran agreement would restore Hormuz traffic in one month
U.S. crude oil prices fell about 6% Wednesday on a report Iran would restore traffic through the Strait of Hormuz as part of a framework deal with the U.S.
