Oil prices sink, stocks soar after Trump announces deal with Iran

Business

Oil Prices Sink, Stocks Soar After Trump Announces Deal With Iran

By CBS News

Oil prices tumbled after President Trump said the U.S. has reached a preliminary deal with Iran that will reopen the Strait of Hormuz, a vital Middle East waterway that accounts for roughly 20% of global crude. U.S. stocks soared to record highs in e ...Read more