Oil prices ease on renewed hopes of US-Iran peace deal

Oil futures slid on Monday as traders assessed US President Donald Trump's announcement over the weekend that a deal with Iran had been "largely negotiated".

The benchmark Brent crude still remains much higher than when the war started on February 28.

Also in this edition: some commercial vessels are managing to cross the Strait of Hormuz.

Plus, Ferrari is set to launch its first fully electric supercar model. ...