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CoinWorld News, according to a report from ING, as the US-Iran ceasefire agreement appears to be maintained, the oil market is once again facing downward pressure. Trump said that the work to reach a “comprehensive and final agreement” with Iran has made “significant progress.” The team said that it is crucial to reach an agreement that normalizes oil transportation through the Strait of Hormuz. In the past month, near-month WTI crude oil futures contracts fell by 1.6%, to $100.60 per barrel; near-month Brent crude oil futures contracts fell by 1.7%, to $108.05 per barrel.