Oil Prices Drop Below $80 Per Barrel on Potential Hormuz Deal

By CBN News

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Secretary of State Marco Rubio says negotiations over the Strait of Hormuz are making headway. Crude oil prices dropped below $80 per barrel as U.S. officials expressed optimism that a deal with Iran may be close. Rubio cautioned that while an agreement over the Strait is important, the real goal is Iran's denuclearization. Despite progress on one regional front, Gaza remains a major obstacle. Prime Minister Benjamin Netanyahu says Israel will not withdraw from Gaza until Hamas is fully disarmed, as a Hamas spokesman praised the terror group's "holy mission" to fight Israel "until we reach the end of this occupation and freedom for our people." CBN News. Because Truth Matters Download the free CBN News App: http://cbnnews.com/app SUBSCRIBE to the CBN News Channel for more: http://youtube.com/c/CBNnewsonline/?sub_confirmation=1 SUBSCRIBE to the QuickStart Newsletter by visiting quickstart.news SUBSCRIBE to the Quickstart Podcast. New episodes every morning at 7am: cbn.com/cbn

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