Oil prices fell following reports that Iran could reopen the Strait of Hormuz within seven days if US military pressure is eased and the embargo on Iranian ports is lifted. Iranian sources disputed the reports as inaccurate.

Oil prices fell following reports that Iran could reopen the Strait of Hormuz within seven days if US military pressure is eased and the embargo on Iranian ports is lifted. Iranian sources disputed the reports as inaccurate.

CNBC