Fri, Jun 12 05:36 PM

Oil prices fall after Pakistan says U.S. and Iran have reached final peace deal text

CNBC•Fri, Jun 12, 2026, 05:07 PM•2 min read

Oil prices fell Friday after a proposed peace deal that would see the Strait of Hormuz reopen was reported by Iranian state media.

Source: [CNBC](https://www.cnbc.com/2026/06/12/oil-prices-wti-brent-on-hopes-of-us-iran-deal-despite-tehran-pushback.html)

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