Global crude oil prices have fallen as markets respond to the potential reopening of the Strait of Hormuz.

Crude oil prices are falling as oil markets react to President Trump saying the U.S. and Iran have agreed on a framework for reopening the Strait of Hormuz. <p>Crude oil prices are falling as oil markets react to President Trump saying the U.S. and Iran have agreed on a framework for reopening the Strait of Hormuz.</p><img src="https://media.npr.org/include/images/tracking/npr-rss-pixel.png?story=nx-s1-5858100" />