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Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will reopen after the deal is signed on Friday.
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Thousands are expected at the mixed martial arts fight, which coincides with Trump's 80th birthday.
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;Resize=(620)) Thousands of demonstrators converged Sunday to show their discontent against the G7 group of countries, with U.S. President Donald Trump and counterparts set to hold a summit starting a day later in nearby France.
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President Trump said it would be signed on Sunday, but Iran's Foreign Ministry cautioned that the timeline could be slower.
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Before the US president's comments, Iran expressed caution about the exact timing.
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