The Week UK | Oil price rebounds after knee-jerk fall on Iran deal | The Week UK The Week UK The price of oil dropped yesterday as investors reacted to the deal between Iran and the West – but prices have since rebounded. The agreement between Tehran and six world powers opens the door for Iranian crude to flood into an already saturated market. Why you shouldn't worry about Iranian oil...yet Remember All That Oil in Storage? Here It Comes Crude oil is getting smoked |