Ghana news briefing
Oil prices fall on hopes Strait of Hormuz could reopen
By GhanaSummary Newsroom1 min read
Oil prices fell to a three-week low on Tuesday as senior US officials raised hopes of a deal with Iran to reopen the key Strait of Hormuz waterway.
US Secretary of State Marco Rubio said there had been progress made in discussions on getting more ships through the Strait with Iran and Oman.
The Strait of Hormuz has been a central point in negotiations between the US and Iran.
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