Oil Falls Below $80 For First Time in More Than Three Months
Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of
Brent oil fell below $80 a barrel for the first time in more than three months as the US-Iran deal to reopen the Strait of Hormuz boosted expectations for a revival in supply, with leading Wall Street banks reducing their price forecasts and regional benchmarks collapsing.
Gasoline prices are also falling. Bloomberg Mike McGlone joins to discuss. More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't
miss any videos from Bloomberg Markets & Finance Visit for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on Connect with
Bloomberg Business on TikTok Reddit More from Bloomberg Bloomberg Radio Bloomberg Surveillance Bloomberg Politics Bloomberg Originals Watch more on Bloomberg Technology Bloomberg Originals Bloomberg Quicktake Bloomberg Espanol Bloomberg Podcasts
The BriefWire