Oil Prices Fall on News of Potential Deal to Open Hormuz, Hamas Avows 'Holy Mission' to Fight Israel

By CBN News

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JERUSALEM, Israel – Hopes for a breakthrough over the Strait of Hormuz are easing pressure on global oil markets, while Gaza continues to present major obstacles. Secretary of State Marco Rubio welcomed advances in negotiations over the Strait, emphasizing the administration's core goal concerning Iran's nuclear program. “Suffice it to say, there's been progress made in those talks, but not finality yet. We're hoping that will happen very shortly," he said, and added, "The denuclearization of Iran is the ultimate deal." U.S. Treasury Secretary Scott Bessent was also optimistic, predicting that Washington could finish an agreement with Iran as early as Wednesday. Read the full story from CBN's Marion Rice-Oxley and Paul Petitte: https://cbn.com/news/israel/oil-prices-fall-news-potential-deal-open-hormuz-hamas-avows-holy-mission-fight-israel Want more news from a Christian Perspective? Choose to support CBN: https://go.cbn.com/ugWBn CBN News. Because Truth Matters™ Download the fr

Tags: 6402846224112, bessent, board, breakthrough, cbnnews, cbnnewsyoutube, gaza, hamas, hopes, hormuz, iran, markets, netanyahu, news, newsblock, newsblockclip, oil, peace, plan, rev_complete

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