Oil plunges, markets surge on report U.S. and Iran near deal

Business

Oil Plunges, Markets Surge On Report U.s. And Iran Near Deal

By NBC News

The price of oil plunged and stocks surged early Wednesday after a new report that the U.S. believed it was nearing a deal to end the war with Iran and eventually reopen the Strait of Hormuz. Officials in Washington and Tehran were working on "a one- ...Read more