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OilFuturesFallAbout4%
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📉 Oil futures drop about 4% today!
Oil prices fell sharply. This happened because people hope a US-Iran deal will reopen the Strait of Hormuz — a key oil shipping route. That could mean more oil supply and less worry.
Cheaper oil is good news for the economy. But prices may still go up and down if the talks don’t work.
#OilFuturesFallAbout4% #OilPrices #energy
Tasawer Ali
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MicronSharesRise10%AfterHours
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HormuzStraitShips20MBarrelsDaily
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