Ceasefire may bring modest respite at the pump

This week’s drop in oil prices following the Iran war ceasefire could bring some modest respite for consumers at the pump — if the truce holds. However, analysts also say that even in the long term, Iran may not want to give up its leverage over a...

This week’s drop in oil prices following the Iran war ceasefire could bring some modest respite for consumers at the pump — if the truce holds. However, analysts also say that even in the long term, Iran may not want to give up its leverage over a key oil choke point, the Strait of Hormuz, which...