Oil prices drop below $78 a barrel after Iran peace deal, Benny Johnson reveals

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Oil prices drop below $78 a barrel after Iran peace deal, Benny Johnson reveals — Oil prices slip after Iran peace deal

Benny Johnson reports that oil prices have dropped below $78 a barrel and continue to decline. The fall in prices comes just days after U.S. President Donald Trump finalized the Iran Peace Deal.

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Earlier this week, Johnson reported crude oil futures falling to $74 a barrel, bringing U.S. gas prices near pre-war levels here. Prior to the Iran Peace Deal, major betting markets were projecting oil prices would stabilize in early summer here. Recent market moves continue to track closely with these earlier forecasts.

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