Oil Drops as Markets Price In Potential Hormuz Deal
📉 MARKETS — Oil falling on deal talk no captain will actually sail through. 📌 LOOK CLOSER: The drop prices a deal that shipping industry already rejected as unworkable and Tehran capped at corridor management, not reopening. Markets are trading the headline, not the mechanism. If Oman's framework collapses or insurers hold firm, the reversal will be sharp. Brent's direction is now the most visible real-time verdict on whether the deal is real.
