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Crude Tumbles On Return To Alleged Deal In Motion Iran Headlines

Crude Tumbles On Return To Alleged Deal In Motion Iran Headlines Update(1225ET): Crude tumbles on a new Reuters report signaling a return to [dubious?] 'deal in motion' headlines: US and Iran reportedly discuss phased deal to reopen Hormuz and end US blockade, according to Reuters citing sources This seems just a reiteration of Iranian demands, but crude still reacted (per Rtrs): A senior Iranian official said the most plausible way to end the impasse would be a phased arrangement, with Iran allowing navigation through Hormuz in return for the US lifting its...
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