Oil edged lower after the US and Iran tentatively agreed to extend a ceasefire by 60 days, potentially allowing shipments through the Strait of Hormuz to resume.
Geopolitics Bloomberg May 28, 2026
Oil Set for Worst Month Since 2020 as US, Iran to Extend Truce
Oil edged lower after the US and Iran tentatively agreed to extend a ceasefire by 60 days, potentially allowing shipments through the Strait of Hormuz to resume.
