Oil prices sank again on Tuesday, hitting $US80 per barrel for the first time since early March on the back of an announcement by US President Donald Trump of the Strait of Hormuz’s reopening on Friday. It comes as the US and Iran are expected to formally sign a ceasefire settlement later this week and open negotiations about Tehran’s nuclear programme. Follow our liveblog for all the latest developments.
Trending
- Middle East live: Oil dips to lowest price since March on talk of Hormuz Strait reopening
- Swedish court jails man for pressuring wife into mass prostitution
- Netflix, Sony Team on Greta Gerwig’s ‘Narnia: The Magician’s Nephew’
- Strait of Hormuz reopening won’t end shipping risks
- Here Comes the General! Chris Jackson to Return to ‘Hamilton’
- Options on SpaceX shares start trading
- Do online saving methods really work?
- What is Helium-3 and could we get it from the moon?
