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Oil drops to $80 a barrel and markets rise as Trump touts peace agreement with Iran

Euronews · Jun 15, 2026, 8:09 AM · Also reported by 4 other sources

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Oil prices traded over 5% lower on Monday morning after US President Donald Trump announced the completion of the deal with Iran and the reopening of the Strait of Hormuz.

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Oil drops to $80 a barrel and markets rise as Trump touts peace agreement with Iran

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