Oil prices fall on hopes of U.S.-Iran deal despite Tehran pushback

APA Corporation's Beryl Alpha oil platform in the North Sea. Courtesy: APA Corporation Oil prices fell Friday after U.S. President Donald Trump said Washington had reached a framework agreement with Iran, raising hopes the Middle East conflict could be nearing its end. U.S. crude oil futures for July delivery fell 1.65% to $86.26 per barrel, while August futures for international benchmark Brent lost 1.55% to $88.98 per barrel in early Asia trading. …