Oil prices fell sharply as President Trump announced a US-Iran deal ending the naval blockade, with Brent crude dropping 3.9% to $84 a barrel, its lowest since March.
Brent crude fell to around $84 per barrel
Jun 15, 2026
09:30 am
What's the storyOil prices witnessed a sharp decline on Monday, following President Donald Trump's announcement of a US-Iran agreement to end the naval blockade in West Asia.
Brent crude fell by 3.9% to around $84 per barrel, while US crude dropped by 4.8% to about $81 per barrel.
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