Oil slides after US-Iran ceasefire deal to open Strait of Hormuz

Oil slides after US-Iran ceasefire deal to open Strait of Hormuz


In a social media post on Tuesday evening, Trump said: “I agree to suspend the bombing and attack of Iran for a period of two weeks… subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz”.