Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will reopen after the deal is signed on Friday.
(Image credit: Majid Saeedi)
US PoliticsNorth America
Crude oil futures drop after Trump promises an Iran deal will be signed Friday
NPR
June 15, 2026 at 1:33 AM
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Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will reopen after the deal is signed on Friday.