4h ago•3 min read
Oil prices ease as US pauses Project Freedom to seek deal with Iran
Summary
Why did the US halt a major operation in the Middle East - and what does it mean for global oil prices?
Oil prices have dipped as the US considers a deal with Iran to de-escalate conflict in the Middle East. The pause of Project Freedom - meant to guide ships through the Strait of Hormuz - hints at a possible turning point for global energy.